Annual Plan Contribution Limits

The current year plan contribution limits, as announced by the IRS, for FSA, HSA, and Commuter benefit plans.

FSA Contribution Limits

Medical FSA Contribution & Rollover Limits

The current 2024 annual contribution limit for Medical and Limited Purpose Flexible Spending Accounts is $3,200.

This is an increase from $3,050 in 2023.

The current 2024 annual rollover limit for Medical and Limited Purpose Flexible Spending Accounts is $640.

This is an increase from $610 in 2023.

Dependent Care FSA Limits

The current rate is limited to the smallest of the following amounts:

  • $5,000 if single or if married and filing jointly
  • $2,500 if married and filing separately

The federal government sets the amount that can be contributed per calendar year to a Dependent Care FSA.

Adoption Assistance

The current 2024 maximum credit allowed for Adoption Assistance is $16,810.

This is an increase from $15,950 in 2023.

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EMPLOYERS - ADJUST YOUR TAX-FREE LIMITS

Employers, would you like to adjust your tax-free limits for your Medical FSA and/or Adoption Assistance for your upcoming plan year? There is no requirement to increase Medical FSA or Adoption Assistance limits. Employers must initiate a change. By contrast, Mass Transit, Parking, and HSA limits will be updated automatically for elections intended for the new plan year.

Commuter Contribution Limits

Mass Transit & Parking Monthly Election Limit

The current 2024 monthly election limit for Mass Transit and Parking Accounts is $315.

This is an increase from $300 in 2023.

HSA Contribution Limits

HSA Limits & HDHP Requirements

Coverage Type2024 Limits2025 Limits
Individual/Self Coverage$4,150$4,300
Family Coverage$8,300$8,550
Coverage Type2024 Minimum2025 Minimum
Individual/Self Coverage$1,600$1,650
Family Coverage$3,200$3,300
Coverage Type2024 Maximum2025 Maximum
Individual/Self Coverage$8,050$8,300
Family Coverage$16,100$16,600

Read the official IRS Announcements

FSA, Commuter, & Adoption Assistance Limits:

HSA Limits: 

How much should I contribute?

Considering enrolling in one or more of the accounts listed above? Check out our FSA, HSA, and Commuter calculator tools to maximize the effectiveness of your pre-tax benefit funds.