Health and Fringe Benefit Plan Limits
The IRS has updated various health and fringe benefit plan limits for 2019. A comparison of the 2019 and 2018 limits is listed below.| 2018 | 2019 | |
| Health Savings Accounts – HDHP Limits HDHP Minimum Deductible – Self Only HDHP Minimum Deductible – Family HDHP Out-of-Pocket Maximum – Self Only HDHP Out-of-Pocket Maximum – Family | $1,350 $2,700 $6,650 $13,300 | $1,350 $2,700 $6,750 $13,500 |
| Health Savings Accounts – Contribution Limits Self Only Family Catch-Up Contributions (age 55 by the end of the year) | $3,450 $6,850 $1,000 | $3,500 $7,000 $1,000 |
| Out-of-Pocket Maximum – PHSA §2707(b) Limits Self Only Embedded Individual Max within Family Coverage Family | $7,350 $7,350 $14,700 | $7,900 $7,900 $15,800 |
| Transportation Fringe Benefits – Monthly Limits Parking Transit Passes and Vanpooling (combined) | $260 $260 | $265 $265 |
| Health FSA Contribution Limit (§125(i)) | $2,650 | $2,700 |
| Dependent Care FSA Contribution Limit (§129(a)(2))* | $5,000 | $5,000 |
| Employer Adoption Assistance Exclusion (§137) Maximum Gross Income Exclusion Maximum AGI Limit (after which exclusion phases out) | $13,810 $207,140 | $14,080 $211,160 |
Disclaimer
While we are pleased to have you contact us by telephone, surface mail, electronic mail, or by facsimile transmission, contacting Kilpatrick Townsend & Stockton LLP or any of its attorneys does not create an attorney-client relationship. The formation of an attorney-client relationship requires consideration of multiple factors, including possible conflicts of interest. An attorney-client relationship is formed only when both you and the Firm have agreed to proceed with a defined engagement.
DO NOT CONVEY TO US ANY INFORMATION YOU REGARD AS CONFIDENTIAL UNTIL A FORMAL CLIENT-ATTORNEY RELATIONSHIP HAS BEEN ESTABLISHED.
If you do convey information, you recognize that we may review and disclose the information, and you agree that even if you regard the information as highly confidential and even if it is transmitted in a good faith effort to retain us, such a review does not preclude us from representing another client directly adverse to you, even in a matter where that information could be used against you.
