IRS Announces Increases to Healthcare FSA and Commuter Benefits Limits

Finally the IRS has released a Revenue Statement announcing that the Healthcare FSA limit is increasing to $2,700 for plan years beginning on or after January 1, 2019, which is an increase of $50 from the current 2018 maximum of $2,650.

Also, the monthly commuter benefit limit for both mass transit and parking increased by $5, for a maximum monthly contribution limit of $265.

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