Dependent Care Fsa Contribution Limits 2024 In India

Dependent Care Fsa Contribution Limits 2024 In India. Internal revenue code §129 sets the annual dependent care fsa contribution limit at $5,000 (or $2,500 for married individuals filing separately). The irs sets the maximum dollar amount you can elect and contribute to a dependent care flexible spending account (dependent care fsa).

The limits for 2023 are $ 2,500 for an individual or $ 5,000 for a family, and will remain the same for the 2024 plan year. It remains at $5,000 per household or $2,500 if married, filing separately.