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News & Press: Latest News

IRS 2019 Limits for Flexible Spending & Parking/Transit Accounts

Friday, December 28, 2018  

 

The new annual limit for health FSAs, including general-purpose and limited-purpose health FSAs, is $2,700 for plan years starting on or after January 1, 201 9.
 

The $2,700 limit is prorated for short plan years (plan years that are shorter than 12 months), and any carryover amount from participants' previous plan years may be added to the limit. The $500 carryover does not count against or affect the $2,700 salary reduction limit.

 

Learn more about the updated limits on FSAs here: IRS 2019 Limits for Flexible Spending & Parking/Transit Accounts

 

The California Health Insurance Trust is a cost saving membership benefit exclusively available to ACEC California members. This comprehensive program includes dental, vision, life, long-term disability, and accidental death &dismemberment coverage.
 
For information on the various California Health Insurance Trust for ACEC California programs, please contact Katherine Mraz, program administrator at 510-465-3090 or  kmraz@dealeyrenton.com

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