The IRS has just announced the 2019 maximum contribution limits for Flexible Spending Accounts (FSA), Commuter Reimbursement Accounts (CRA), and Qualified Small Health Reimbursement Arrangements (QSEHRA).
See below for adjusted 2019 contribution limits compared to the current 2018 limits.
|
Plan Type
|
2018
|
2019
|
|
Flexible Spending Accounts (FSA)
|
$2,650
|
$2,700
|
|
Health Savings Account (HSA)
|
Individual: $3,450
Family: $6,900
|
Individual: $3,500
Family: $7,000
|
|
Commuter Reimbursement Accounts (CRA/Parking, Transit)
|
$260/month
|
$265/month
|
|
Qualified Small Employer Health Reimbursement Arrangements
|
Individual: $5,050
Family: $10,250
|
Individual: $5,150
Family: $10,450
|
They have also recently announced the adjusted dollar amount for PCORI fees is $2.45 for plan and policy years ending on or after October 1, 2018 and before October 1, 2019 (up from $2.39).
Cosmo Insurance Agency is an independent insurance agency serving surrounding communities in New Jersey. Cosmo keeps its promise to assure an efficient and creative approach to the services we offer. Each of our clients experience a personalized and long-term relationship with us. Our New Jersey based team of health brokers guides our clients in helping them choose the most cost-effective options. By incorporating the latest in technology-based tools and laws on healthcare, employee benefits, life insurance and finance, we keep our clients up-to-date with the plans that encompass all of their needs, whether it is individual or group insurance.Â
CONTACT COSMO NOW
GET A HEALTH INSURANCE QUOTE NOW
LEARN MORE ABOUT HEALTH INSURANCE
GET A DENTAL INSURANCE QUOTE
