Flexible Spending Account Contribution Limit Climbs
InterWest Insurance Services
DECEMBER 7, 2023
Also, employees will be able to carry over up to $640 next year into 2025 if they have funds left over in their account, if their employer allows it (it’s optional). Employees are not taxed on withdrawals from their account. That’s up $30 from this year. Up to $640 of the balance is rolled over to the next plan year.
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