IRS Announces 2018 Plan Limits

October 19, 2017

The IRS Revenue Procedure 2017-58 outlines plan contribution limits for 2018.

Health Savings Account

 2017 Contribution Limits

 2018 Contribution Limits

 Single: $3,400; Family: $6,750

 Single: $3,450; Family: $6,900

Flexible Spending Account

 2017 Contribution Limit

2018 Contribution Limit 

 $2,600

 $2,650

Commuter Benefits

 2017 Monthly Contribution Limit

 2018 Monthly Contribution Limit

 $255

 $260

 Adoption Assistance

 2017 Maximum

 2018 Maximum

 $13,570

 $13,840


We've also summarized them for you in a easy-to-share graphic. And check out additional explanation below.
  
2018 benefits plan limits

Flexible Spending Accounts (FSAs)

The 2018 FSA contribution limit will be $2,650, an increase of $50 from the 2017 limits. 

Commuter Benefits

The monthly commuter benefit limits for both mass transit and parking will increase by $5 in 2018, for a maximum monthly contribution limit of $260. 

Adoption Assistance Programs

The maximum amount that may be excluded from an employee's gross income for the adoption of a special needs child under an adoption assistance program is $13,840 in 2018. This is the same amount that may be excluded from that employee's gross income for expenses incured by an employer for qualified adoption expenses within an adoption assistance program. 

Qualified Small Health Reimbursement Arrangements (QSEHRAs)

The employer contribution limits for qualified small HRAs in 2018 are $5,050 for single employees or $10,250 for families. 

Health Savings Accounts (HSAs)

HSA limits were announced earlier in the year, but as a refresher, the contribution limits for HSAs in 2018 will increase to $3,450 for single (an increase of $50) and $6,900 for family (an increase of $100).

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This post was originally published in October 2017. It was updated for accuracy in March 2018 and April 2018.

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