2024 Health FSA Inflation Adjustments Released

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On November 9, 2023, the Internal Revenue Service issued Revenue Procedure 2023-34 that establishes various 2024 tax-related limits that have been adjusted for inflation. The table below identifies updates to the 2024 health and fringe benefit plans addressed in this notice.




Maximum Annual Employee Contribution to a Health Flexible Spending Account (Health FSA) 



Health FSA Carryover Limit 



Adoption Assistance Program 



Maximum Annual Employer Contribution to a Qualified Small Employer HRA (QSEHRA) 

$5,850 (self-only coverage) $11,800 (family coverage) 

$6,150 (self-only coverage) 

$12,450 (family coverage) 

Maximum Monthly Benefit for Qualified Transit Passes, Van Pool Services, and Qualified Parking 





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