Kilpatrick Townsend

IRS Updates Health and Fringe Benefit Plan Limits

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

* Special income tax situations may require a lower limit.