Lpfsa Limit 2024. The irs has increased the flexible spending account (fsa) contribution limits for the health care flexible spending account (hcfsa) and the limited expense. For 2024, employees with a limited purpose fsa (lpfsa) may elect to contribute up to an annual maximum of $3,200.
Looks like you have exceeded the limit to. You can contribute up to $3,200.
If Your Company Offers An Lpfsa Again Next Year, You’ll Be Able To Carry Over Up To $610 Of.
For 2023 benefit period, you must submit all reimbursement requests by march 31, 2024.
Review All Claims And Provide Any Required Substantiation By December 31 Each Year.
Employer contributions do not count against the cap on employee contributions.
The Limited Purpose Fsa Limit For 2024 Is $3,200 With A Carryover Limit Of $640.
Images References :
Here, A Primer On How Fsas Work.
For 2023 benefit period, you must submit all reimbursement requests by march 31, 2024.
For 2021, It Was $2,750.
Can you have a limited purpose fsa with an hsa?
