IRS Releases 2019 Inflation-Adjusted LimitsBack
The Internal Revenue Service (IRS) released its inflation-adjusted limits for various benefits. For example, the maximum contribution limit to health flexible spending arrangements (FSAs) will be $2,700 in 2019. Also, the maximum reimbursement limit in 2019 for Qualified Small Employer Health Reimbursement Arrangements will be $5,150 for single coverage and $10,450 for family coverage.
©Copyright 2019 by Karen Hsu, Director of Compliance at United Benefit Advisors. Reproduction permitted with attribution to the author.Follow us on social media!