Tuesday, November 20, 2018

IRS Announces 2019 Contribution Limits

The IRS recently released the 2019 annual inflation adjustments for Flexible Spending Accounts (FSA) and Qualified Transportation Benefits (QTB). 

See below for adjusted 2019 contribution limits compared to the current 2018 limits.

Plan Type
Flexible Spending Accounts (FSA)
Health Savings Account (HSA)
Individual: $3,450 
Family: $6,900
Individual: $3,500 
Family: $7,000
Commuter Reimbursement Accounts (CRA/Parking, Transit)
Qualified Small Employer Health Reimbursement Arrangements (QSEHRA)
Individual: $5,050
Family: $10,250
Individual: $5,150
Family: $10,450

They have also recently announced the adjusted dollar amount for PCORI fees is $2.45 for plan and policy years ending on or after October 1, 2018 and before October 1, 2019 (up from $2.39).

No comments:

Post a Comment