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HSA, FSA, Commuter Benefit limit changes in 2020


Slightly increased contribution limits for 2020. Here's a breakdown of what you and your employees need to know.

1. HSA Contribution Limits -

$50 increase for individuals and $100 increase in family contribution cap. Additionally, the maximum annual out-of-pocket for individuals rises to $150 and families to $300. The catch-up contribution limit remains the same at $1,000.

  2020 2019

Individual Contribution Limit

$3,550 $3,500
Family Contribution Limit $7,100 $7,000
Catch-up Contribution Limit (for those over age of 55) $1,000 $1,000
Max Individual out-of-pocket $6,900 $6,750
Max Family out-of-pocket $13,800 $13,500

2. FSA Contribution Limits - 

$50 increase in FSA contribution caps, in addition to the $500 maximum employer contribution, if offered. Dependent Care FSA annual maximums remains the same.

  2020 2019
Contribution Max $2,750 $2,700
Dependent Care FSA Max (for individuals or married couples filing jointly) $5,000 $5,000
Dependent Care FSA Max (for married persons filing separately) $2,500 $2,500

3. Commuter Benefit Limits - 

Total increase of $60 per year in transit and parking commuter pre-tax benefits.

  2020 2019
Transit passes and services (monthly contribution) $270 $265
Qualified parking (monthly contribution) $270 $265

Bernard Benefits advisors are experts in helping employers of all sizes evaluate their benefits plan options to create better, more transparent and comprehensive offerings for employees.

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