2024 Fsa Limits Dependent Care. Health and/or limited purpose flexible spending account (fsa) max paycheck deductions (employer may also contribute greater of $500 or 1:1 match). 5 to learn about the specific eligibility.
The dependent care fsa (dcfsa) maximum annual contribution limit did not change for 2024. Internal revenue code §129 sets the annual dependent care fsa contribution limit at $5,000 (or $2,500 for married individuals filing separately).
The Annual Limit On Employee Contributions To A Health Fsa Will Be $3,200 For Plan Years Beginning In 2024 (Up From $3,050 In 2023).
You cannot use the dependent care fsa to reimburse for health care expenses incurred by a dependent.
If You Have Two Or More Children And Access To A Dependent Care Fsa, You Can Get The Largest Possible Tax Benefit By Putting $5,000 Into Your Workplace Fsa And.
Health and welfare plan limits (guidance links here and here) 2023:
Health And/Or Limited Purpose Flexible Spending Account (Fsa) Max Paycheck Deductions (Employer May Also Contribute Greater Of $500 Or 1:1 Match).
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But If You Do Have An Fsa In 2024, Here Are The Maximum Amounts You Can Contribute For 2024 (Tax Returns Normally Filed In 2025).
The dependent care fsa (dcfsa) maximum annual contribution limit did not change for 2024.
Internal Revenue Code §129 Sets The Annual Dependent Care Fsa Contribution Limit At $5,000 (Or $2,500 For Married Individuals Filing Separately).
It remains at $5,000 per household or $2,500 if married, filing separately.
The Dependent Care Fsa Limits Are Shown In The Table Below, Based On Filing Status.