Social Security Contribution Limit 2024. In 2024, eligible employees may contribute up to $3,200 to a fsa (flexible spending account). For comparison, the maximum contributions were $22,500 for 2023, $20,500 in 2022 and $19,500 in 2021.

Eligibility requirements and federal payment standards are nationally uniform. The limit for annual contributions to traditional and roth iras will also be raised to $7,000, a $500 increase from this year.