2024 Fsa Carryover Limit Over 65

2024 Fsa Carryover Limit Over 65. In 2024, workers can add an extra $150 to their fsas as the annual contribution limit rises to $3,200 (up from $3,050). Fsa contribution limits in 2024 will reach $3,200, up 4.9% from 2023.

The fsa carryover limit provides employers the option to transfer a maximum amount of remaining fsa balances at a plan year’s end to carryover for use during the next plan. Employers can allow employees to carry over $640 from their medical fsa for taxable years beginning in 2024, which is a $30 increase from 2023.