2019 FSA and HSA contribution limits

2019 FSA and HSA Contribution Limits

2019 FSA and HSA contribution limitsThe IRS has recently released the 2019 contribution limits for Flexible Spending Accounts (FSAs), and transportation benefit accounts – increasing limits for most tax-advantaged benefit plans. In May 2018, the IRS published the increases for Health Savings Accounts (HSAs), including out-of-pocket maximums. See below for 2019 FSA and HSA contribution limits, and for increases to transit and parking accounts.

2019 FSA and HSA Contribution Limits

2019 FSA Contribution Limits

On November 15, 2018, the IRS published the 2019 FSA contribution limits (the limits are generally published in early to mid October). Read Revenue Procedure 2018-57

For the 2019 plan year, FSA participants may contribute up to $2,700, an increase of $50. This applies to health FSAs and limited purpose FSAs. Dependent Care FSAs remain at $5,000.

2019 FSA Contribution Limits Chart

2019 Annual Limit 2018 Annual Limit
Health FSA $2,700 $2,650
Limited Purpose FSA $2,700 $2,650
Dependent Care FSA $5,000 (no change) $5,000

2019 HSA Contribution Limits

In May 2018, the IRS released the 2019 HSA contribution limits, along with out-of-pocket expense limits and annual deductibles. HSA contribution limits for both single and family coverage increased; out-of-pocket expense maximums also went up. Annual deductibles for qualified high deductible health plans did not change.

2019 HSA Contribution Limits, Out-of-Pocket Maximums and Annual Deductibles

2019 2018
Self-only coverage HSA contribution limit $3,500 $3,450
Out-of-pocket expense limits (maximum) $6,750 $6,650
Annual deductible (minimum) $1,350 (no change) $1,350
Family coverage HSA contribution limit $7,000 $6,900
Out-of-pocket expense limits (maximum) $13,500 $13,300
Annual deductible (minimum) $2,700 (no change) $2,700

2019 Transit and Parking Contribution Limits

In addition to increasing FSA and HSA annual contribution limits, the IRS raised the limits for qualified transportation fringe and parking benefits from $260.00 to $265.00 per month.

Bicycle commuter benefit limits remain the same at $20.00 per month.

2019 Commuter and Parking Benefits Chart

  2019 Monthly Limits 2018 Monthly Limits
Parking $265.00 $260.00
Mass Transit $265.00 $260.00
Commuter Highway $265.00 $260.00
Bicycle $20.00 (no change) $20.00

DataPath Administrative Services is a third party benefits administrator headquartered in Little Rock, Arkansas. DataPath offers FSA, HSA, HRA, Transit account, and COBRA administration services.

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