Many benefit plan limits have changed for the new calendar year. Here are those changes: 2019 Limits to Know Infographic:

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  401K Limits:

  • Pre-Tax Contributions: $19,000 (up $500 from 2018)
  • Catch-Up Contributions: $6,000 (no change from 2018)

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  IRA Limits:

  • Contributions: $6,000 (up $500 from 2018)
  • Catch-Up Contributions: $1,000 (no change from 2018

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  Health Savings Account (HSA) Limits:

  • Pre-Tax Contributions:
    • Single Coverage: $3,500 (up $50 from 2018)
    • Family Coverage: $7,000 (up $100 from 2018)
  • Catch-Up contributions: $1,000 (no charge from 2018)

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  High Deductible Health Plans (HDHP) Limits:

  • HDHP Minimum Deductible
    • Single Coverage: $1,350 (no change from 2018)
    • Family Coverage: $2,700 (no change from 2018)
  • HDHP Maximum Out of Pocket Costs:
    • Single Coverage: $6,750 (up $100 from 2018)
    • Family Coverage: $13,500 (up $200 from 2018)

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  Flexible Spending (FSA) Limits:

  • Contributions: $2,700 (up $50 from 2018)

For more information on these limits, please contact us at 775-828-7420 today!