IRS Announces Pre-Tax Contribution Limits for 2019


On Thursday, November 15, the Internal Revenue Service announced annual inflation adjustments for 2019. IRS Rev. Proc. 2018-57 provides that for taxable years beginning in 2019, the following maximums apply for Health Flexible Spending Arrangements, Adoption Assistance Programs, and Commuter Benefits.

Health FSA Limit: The annual Health FSA limit will increase from $2,650 in 2018 to $2,700 in 2019.

Adoption Assistance Limit: The annual Adoption Assistance limit will increase from $13,840 in 2018 to $14,080 in 2019.

Commuter Benefits Limits: The monthly transit and parking limits will both increase from $260 in 2018 to $265 in 2019. 

If you are a VitaFlex FSA Client who currently offers the IRS maximum and your plan renews January 1, 2019, your limits have been automatically increased for the 2019 plan year, unless you have previously requested otherwise. Any participant that has already made an election at the previous maximum will be contacted in order to confirm their desired election amount. In the event that revised documents need to be delivered, we will be updating and resending the updated documents within the next two weeks.

If you are a VitaFlex Commuter Benefits Client, the monthly pre-tax limit will be automatically increased to the IRS maximum for the January benefit month.