Limited Purpose Fsa Limits 2024 Lexus
Limited Purpose Fsa Limits 2024 Lexus. For 2024, employees with a limited purpose fsa (lpfsa) may elect to contribute up to an annual maximum of $3,200. But this type of account is primarily limited to dental and vision expenses.
Amounts contributed are not subject to federal income tax, social security tax or medicare tax. The irs announced 2024 contribution limits for all flexible spending account (fsa) plans.