2024 Fsa Limits Dependent Care Insurance

2024 Fsa Limits Dependent Care Insurance. The irs released 2024 contribution limits for medical flexible spending accounts (medical fsas), commuter benefits, and more as part of revenue procedure. If an employee enrolled in this type of fsa before january 31, 2020, and their qualifying child turned 13 during the.

Here’s what you need to know about new contribution limits compared to last year. You can contribute up to $5,000 in 2024 if you’re married and file jointly with your spouse, or if you’re a single caretaker for a dependent.