2019 IRS Contribution Limits Announced

November 15, 2018

The 2019 IRS contribution limits were released as part of Revenue Procedure 2018-57. The limits are:

Medical Flexible Spending Account

2018

2019

Medical FSA contribution limit

$2,650

$2,700

 

Commuter Benefits

2018

2019

Commuter Benefits monthly limit

$260

$265

 

Adoption Assistance

2018

2019

Limit

$13,810

$14,080

 

Qualified Small Health Reimbursement Arrangement

2018

2019

Self-only QSEHRA contribution limit

$5,050

$5,150

Family QSEHRA contribution limit

$10,250

$10,450

 

Health Savings Account

2018

2019

Self-only HSA contribution limit

$3,450

$3,500

Family HSA contribution limit

$6,900

$7,000

 

2019 IRS contribution limits

Medical Flexible Spending Accounts (Medical FSAs)

The 2019 Medical FSA contribution limit will be $2,700, an increase of $50 from the 2018 limits.

Commuter Benefits

The monthly Commuter Benefits limit for both mass transit and parking will increase to $265 for 2019. That’s up $5 from the 2018 limit.

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 $14,080 in 2019. This is the same amount that may be excluded from that employee’s gross income for expenses incurred by an employer for qualified adoption expenses within an adoption assistance program.

Qualified Small Health Reimbursement Arrangements (QSEHRAs)

Employer contribution limits for QSEHRAs are $5,150 for single and $10,450 for families.

Health Savings Accounts (HSAs)

IRS contribution limits for HSAs in 2019 were announced earlier this year. The limit for an individual is $3,500, while the family contribution limit increased to $7,000.

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