Re Fsa Limits 2024. But if you have an fsa in 2024, here are the maximum amounts you can contribute for 2024 (tax returns normally filed in 2025). If you're under 65 and use the funds for other purposes, that money becomes taxable income, and you could face an additional 20% tax on the nonmedical use of hsa.
If you’re under 65 and use the funds for other purposes, that money becomes taxable income, and you could face an additional 20% tax on the nonmedical use of hsa. Lisa nelson november 10, 2023, 8:57 am november 15, 2023 comments off on flexible spending account (fsa) & other plan limits increase in 2024.
