Month: November 2023
Legal Alert: IRS Adjusts Health Flexible Spending Account and Other Benefit Limits for 2024
On November 9, 2023, the Internal Revenue Service (IRS) released Revenue Procedure 2023-34, which increases the health flexible spending account (FSA) salary reduction contribution limit to $3,200 for plan years beginning in 2024, an increase of $150 from 2023. Thus, for health FSAs with a... Find out more »
