On November 9, 2023, the IRS released the 2024 Health FSA / Limited Purpose FSA and Commuter Benefits maximum contribution limits.
There are no changes to dependent care flexible spending account (DC FSA) limits for 2024. The contribution limit will remain at $5,000.
For Health FSA plans that permit the carryover of unused amounts, the maximum carryover amount for 2024 is $640, an increase of $30 from the original 2023 carryover limit.
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Contribution Limits 2023
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Contribution Limits 2024
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Medical FSA Annual Contribution Limits
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Medical FSA Annual Contribution Limits
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$3,050
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$3,200
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Commuter Benefits Monthly Contribution Limits
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Commuter Benefits Monthly Contribution Limits
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$300
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$315
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Qualified Small Employer Health Reimbursement Arrangement
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Qualified Small Employer Health Reimbursement Arrangement
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Self only - $5,850
Family -$11,800
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Self only - $6,150
Family - $12,450
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Click here for the IRS Release - Rev. Proc. 2023-34
2024 HSA & HDHP limits
Learn more about these Surency products by clicking here.
If you have any questions, contact Surency at 800-264-9462.
