Fsa Contribution Limits 2024 Over 65

Fsa Contribution Limits 2024 Over 65. The irs recently announced that flexible spending account contribution limits are increasing from $3,050 to $3,200 in 2024. Here, a primer on how fsas work and why they are.

We call this annual limit the contribution and benefit base. An employee who chooses to participate in an fsa can contribute up to $3,200 through payroll deductions during the 2024 plan year.