Limited Purpose Fsa Carryover 2024. Employees participating in an fsa can contribute up to $3,200 during the 2024 plan year, reflecting a $150 increase over the 2023 limits. For fsas that permit the carryover of unused amounts, the maximum 2024.
Automatically treating the leftover health fsa amount as available only under a limited purpose fsa with funds accessible only for dental and vision care. The limited purpose fsa limit for 2024 is $3,200 with a carryover limit of $640.
To Figure Out How Much You Want To Contribute, Estimate Your Dental And.
A limited purpose fsa is a great companion to a health savings account (hsa), which you may use to pay for unforeseen qualified medical expenses.
If You Were Enrolled In A Medical Or Limited Purpose Fsa During 2023 And Enrolled For 2024, You Are Eligible For Carryover Of Any Remaining Funds Up To $610.
For fsas that permit the carryover of unused amounts, the maximum 2024.
Limited Purpose Fsa 2024 Limits.
Images References :
You Can Contribute A Minimum Annual Amount Of $120, Up To A Maximum Annual Amount Of $3,050 In 2024.
There are minimum and maximum carryover amounts, and any balance remaining in the account above or below the carryover amounts will be forfeited on april.
Limited Purpose Fsa Limits Will Also Increase From $3,050 To $3,200 For 2024.
For 2023, the maximum carryover rule is $610 in carryover funds (20% of the $3,050 maximum fsa contribution).
For Fsas That Permit The Carryover Of Unused Amounts, The Maximum 2024.