The charts below show some of the more common IRS benefit limits for 2019 and how they compare to 2018:
|
Retirement Plans
|
|
Limit
|
2018
|
2019
|
|
Annual Compensation
|
$275,000
|
$280,000
|
|
Elective Deferrals
|
$18,500
|
$19,000
|
|
Defined Benefit Plan Contribution
|
$220,000
|
$225,000
|
|
Defined Contribution Plan Contribution
|
$55,000
|
$56,000
|
|
Highly Compensated Employee
|
$120,000
|
$125,000
|
|
Social Security Taxable Wage Base
|
$128,700
|
$132,900
|
|
|
|
|
|
Health and Welfare Plans
|
|
Limit
|
2018
|
2019
|
|
Out-of-Pocket Maximum
|
$7,350 individual
$14,700 family
|
$7,900 individual
$15,800 family
|
|
FSA Contributions
|
$2,650
|
$2,700
|
|
HSA Contributions
|
$3,450 individual
$6,900 family
|
$3,500 individual
$7,000 family
|
|
HDHP Minimum Deductible
|
$1,350 individual
$2,700 family
|
$1,350 individual
$2,700 family
|
|
HDHP Maximum Out-of-Pocket
|
$6,650 individual
$13,300 family
|
$6,750 individual
$13,500 family
|
|
Transportation Fringe Exclusion
|
$260/month
|
$265/month
|
