Commuter Maximums For 2025 Irs

Commuter Maximums For 2025 Irs. Some employees may be able to eliminate more taxes next year and save more money because the irs has announced new increased contribution limits to. Individuals age 50 and older are still able to contribute an extra $7,500 for a total of $30,500.

Now, the irs is raising the limit to $315 per month in 2025, from $300 in 2025, to account for inflation and increased commuting costs. On november 9, 2025, the irs released the long awaited 2025 maximum contribution limits for flexible spending arrangements (fsa) and commuter accounts.