Boost your savings in 2024 with FSAs! Think of them as special accounts that help you save on healthcare costs. You put money in before taxes, so you keep more cash. Use it for doctor visits, prescriptions, and more. It's a simple way to maximize your savings and have extra money for what you love!

1. Maximize Your Savings with
FSAs in 2024

2. WHAT IS AN FSA?
An FSA is a special account that helps you save
money for medical expenses. You can use it to
pay for things like doctor visits, prescriptions,
and other health costs. The best part? The
money you put in isn't taxed, so you save more
on your medical bills!

3. 2024 CONTRIBUTION LIMIT INCREASE
$150 boost in the contribution
limit.
Contribute up to $3,200
through payroll deductions.

4. TAX BENEFITS
Not subject to federal income
tax.
No Social Security or
Medicare tax.

5. EMPLOYER CONTRIBUTIONS
Employers can also
contribute to your FSA.
Spouse can contribute up to
$3,200 if covered by their
employer's plan.

6. HOUSEHOLD CONTRIBUTION LIMIT
Couple can jointly contribute
up to $6,400 for household
expenses.

7. CARRYOVER FEATURE
Unused amounts can be
carried over.
Max carryover to 2025: $640.
Unused amounts from 2023
to 2024: Max $610.

8. HEALTHCARE SELECTION REVIEW
Annually review health care
choices.
Maximize savings during
open enrollment.

9. IMPORTANT REMINDER
Act before the medical plan
year begins.
Self-employed individuals
are not eligible.

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