Table of 2024 Indexed Benefit Limits
Mar 31, 2023
We are providing a table below of 2024 indexed benefit limits we have seen published so far.
We updated each number below as figures are released throughout the year. Note: the FPL for non-calendar year plans won’t be released until mid-January 2024.
2022 | 2023 | 2024 | ||
Affordable Care Act (ACA) | ||||
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| Per person $8,700/yr Family $17,400/yr | Per person $9,100/yr Family $18,200/yr | Per person $9,450/yr Family $18,900/yr | |
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For PCOR fee due Monday 8/1/22
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For PCOR fee due Monday 7/31/23
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For PCOR fee due Wednesday 7/31/24
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Health and/or Limited Purpose Flexible Spending Account (FSA) | ||||
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$2,850/yr | $3,050/yr |
$3,200/yr | |
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$570 to a 2023 plan | $610 to a 2024 plan |
$640 to a 2025 plan | |
Dependent Care FSA | ||||
| $5,000/yr $2,500/yr if separated | $5,000/yr $2,500/yr if separated | $5,000/yr $2,500/yr if separated | |
Health Savings Account (HSA) | ||||
| Single $3,650/yr Family $7,300/yr | Single $3,850/yr Family $7,750/yr | Single $4,150/yr Family $8,300/yr | |
| $1,000/yr | $1,000/yr | $1,000/yr | |
| Single $1,400/yr Family $2,800/yr | Single $1,500/yr Family $3,000/yr | Single $1,600/yr Family $3,200/yr | |
| Single $7,050/yr Family $14,100/yr Non-GF $8,700 per person | Single $7,500/yr Family $15,000/yr Non-GF $9,100 per person | Single $8,050/yr Family $16,100/yr Non-GF $9,450 per person | |
§ 132 Qualified Commuter Plan | ||||
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Non-Discrimination Testing | ||||
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Other Plans | ||||
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IMA will continue to monitor regulator guidance and offer meaningful, practical, timely information. This material should not be considered as a substitute for legal, tax and/or actuarial advice. Contact the appropriate professional counsel for such matters. These materials are not exhaustive and are subject to possible changes in applicable laws, rules, and regulations and their interpretations.