Your Veolia Benefits

2024 IRS FSA and Commuter Benefit Limits

The IRS recently announced the following new limits that are effective January 1, 2024.


2024 Annual Limit for Flexible Spending Accounts (FSA):

The annual maximum amount you can contribute on a pre-tax basis to a Health Care Flexible Spending Account or a Limited Purpose Flexible Spending Account in 2024 will increase to $3,200.    The 2024 benefits enrollment system has been updated to reflect the new limit for elections made during annual enrollment.


2024 Monthly Pre-Tax Commuter Benefit Limits:

The monthly pre-tax limit for  parking and transit benefits will remain at  $315 per month effective January 1, 2024.