Riva Verine

Fsa Limit 2024 Family Tax Benefit. In the old tax regime, the basic exemption limit for individuals below 60 years is rs 2.5 lakh. Individuals can contribute up to $4,150 in 2024, up $300 from 2023.

For 2024, the fsa annual salary reduction limits. Each employee may only elect up to $3,200 in salary reductions in 2024, regardless of whether he or she has family members who benefit from the funds in that fsa.