Employee Benefits, Flexible Spending Accounts, Health Reimbursement Arrangements, Pre-Tax Commuter Plans, Retirement Plan Services

IRS 2020 Contributions Limits: What’s Changing

The IRS 2020 contribution limits were released on November 6, 2019. Here's what's changing for certain employee benefit plans beginning January 1, 2020. 2020 Contribution Limits for FSAs Health FSA  For 2020, the Health Flexible Spending Account annual maximum contribution will increase by $50 to $2,750 per plan year.  Adoption Assistance FSA The maximum amount… Continue reading IRS 2020 Contributions Limits: What’s Changing