Flexible Spending Account contribution limits are set annually by the IRS, and an employer can choose to set a lower limit. Both an employer and employee can contribute to an FSA.
- For 2024, the pre-tax contribution limit for Health FSAs (including General Purpose and Limited Purpose FSAs) is $3,200. This is an increase of $150 from 2023.
- For 2024, the pre-tax contribution limit for Dependent Care FSAs is $5,000 for a married couple filing jointly, or $2,500 for each individual FSA if you each have a separate account. This is the same as 2023.
Read more about rules and guidelines for planning FSA contributions on our blog.Updated: