IRS Announces 2019 Contribution Limits

IRS Card on desck with tax files

The IRS has announced the 2019 maximum contribution limits for Flexible Spending Accounts (FSA), Commuter Reimbursement Accounts (CRA), and Qualified Small Health Reimbursement Arrangements (QSEHRA).

Please see the chart below which compares 2018 contribution limits to the adjusted contribution limits for 2019.

For additional information regarding plan limit changes for 2019, click here to review our Compliance Bulletin.

The IRS has also released that the adjusted dollar amount for PCORI fees (HRA only) for plan and policy years ending on or after October 1, 2018, and before October 1, 2019 is $2.45.

It is our goal to guide you through ongoing change. Should you have any questions regarding these topics, please do not hesitate to reach out to Creative Benefits, Inc. at 610.325.0200.