Fsa Contribution Limits 2024 In India. For fsas, the employee contribution cap will undergo a 5% increase, rising from $3,050 to $3,200. Your employer may set a limit lower than that set by the irs.

An employee who chooses to participate in an fsa can contribute up to $3,200 through payroll deductions during the 2024 plan year. On the combined scenarios the contribution limits are significantly less than the roughly 7 percent increase that was seen from 2023 to 2024.