New 2024 IRS maximums for Medical FSA and Pre-Tax Commuter Transit Accounts

The 2024 IRS maximum for the Medical Flexible Spending Account has increased from $3,050/year to $3,200/year. The 2024 Commuter Transit Pre-Tax Accounts have also increased from $300/month to $315/month

If you’ve already submitted your 2024 Open Enrollment task in Workday and you’d like to change your contribution amounts based on the recent changes, please follow these directions:
  1. In Workday, click “Menu” and then “Benefits”.
  2. Under “Current Cost”, select “Change Open Enrollment”.
  3. Follow the prompts to make changes and resubmit your Open Enrollment.
If you have any questions regarding Open Enrollment, please contact Blythe Josovitz, Director, Benefits & Compensation at or x.2995.

For more information, contact Blythe Josovitz / x.2995 /