Flexible Spending Account Maximum 2024. 2024 flexible spending arrangement contribution limit rises by $150 washington — during open enrollment season for flexible spending arrangements. The irs released 2024 contribution limits for medical flexible spending accounts (medical fsas), commuter benefits, and more as part of revenue procedure.

Here, a primer on how fsas work and why they are an essential way to. A health flexible spending account (fsa) is a workplace account you can use to pay for certain medical costs that come out of your own pocket, such as insurance copays, prescriptions and.