Irs Limit For Commuter Benefits 2024 . On november 9, 2023, the irs released the 2024 health fsa / limited purpose fsa and commuter benefits maximum contribution limits. Now, the irs is raising the limit to $315 per month in 2024, from $300 in 2023, to account for inflation and increased commuting costs.
Commuter benefits can be offered through two different types of accounts. The roth ira has contribution limits, which are $6,500 for 2023 and $7,000 in 2024.
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