Cafeteria Plans Limits
Pursuant to IRS Guidelines
Cafeteria Plan Limits and Thresholds
On November 18, 2019 the Internal Revenue Service (IRS) announced (see Revenue Procedure 2019-44) the dollar limitation on employee salary reductions for contributions to health flexible spending accounts.
On May 20, 2020the IRS announced 2021 Health Savings Account contribution limit increases within their release of Revenue Procedure 2020-32.
Flexible Spending Accounts (FSAs)
2021
2020
2019
Health FSA Max Election
$2,750
$2,750
$2,700
Dependent Care FSA Max Election (married, filing jointly)
$5,000
$5,000
$5,000
Health Savings Accounts (HSAs)
2021
2020
2019
HDHP Min. Annual Deductible – Single
$1,400
$1,400
$1,350
HDHP Min. Annual Deductible – Family
$2,800
$2,800
$2,700
HDHP Out of Pocket Max – Single
$7,000
$6,900
$6,750
HDHP Out of Pocket Max – Family
$14,000
$13,800
$13,350
HSA Max Contribution Limit – Single
$3,600
$3,550
$3,500
HSA Max Contribution Limit – Family
$7,200
$7,100
$7,000
HSA Catch-Up Contribution Limit
$1,000
$1,000
$1,000
Commuter Benefits
2021
2020
2019
Parking
$270/mo
$270/mo
$265/mo
Mass Transit
$270/mo
$270/mo
$265/mo
QSEHRA
2021
2020
2019
Single
tbd
$5,250
$5,150
Family
tbd
$10,600
$10,450
Excepted Benefit HRA (EBHRA)
2021
2020
2019
After 2020, indexed for cost-of living changes
tbd
$1800
n/a
