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