Jamima Eolanda

Limited Purpose Fsa Limits 2024 Calendar. Each year the irs announces updates to contribution limits for flexible spending accounts (fsa), health savings accounts (hsa), health reimbursement arrangements (hra), and. The new contribution limit will also apply to the limited purpose fsa which reimburses eligible dental and vision expenses.

The amount of money employees could carry over to the next calendar year was limited to $550. Some employees may be able to eliminate more taxes next year and save more money because the irs has announced new increased contribution limits to flexible spending.