New Fsa 2024 Limits. Amounts contributed are not subject to federal income tax, social security tax or medicare tax. The internal revenue service (irs) announced new cola adjustments and.

An employee who chooses to participate in an fsa can contribute up to $3,200 through payroll deductions during the 2024 plan year. But if you have an fsa in 2024, here are the maximum amounts you can contribute for 2024 (tax returns normally filed in 2025).