Updated Plan Documents With 2024 Fsa Limits

Updated Plan Documents With 2024 Fsa Limits. Amounts contributed are not subject to federal income tax, social security tax or medicare tax. An employee who chooses to participate in an fsa can contribute up to $3,200 through payroll deductions during the 2024 plan year.

Washington — during open enrollment season for flexible spending arrangements (fsas), the internal revenue service reminds taxpayers that they may. The latest mandated fsa employee contribution limits on how much employees can contribute to these accounts is shown in the table below.