The IRS has released additional cost of living adjustments which affect the dollar limits for health & welfare plans. Many of the limits have increased from 2018 to 2019 due to an increase in the Consumer Price Index on which these limits are based. Below is a new table of limits affecting both retirement and health & welfare plans.

Please contact your Nyhart consultant for additional information or questions.

2018 2019
Retirement Limitations
401(k) / 403(b) / 457 Plan Maximum Elective Deferral $18,500 $19,000
Qualified Plan Compensation Limit $275,000 $280,000
Catch-Up Contribution Limit for all plans other than 401(k)(11) and 408(p) plans $6,000 No change
Catch-up Contribution Limit for 401(k)(11) and 408(p) $3,000 No change
Highly Compensated Employee Definition $120,000 $125,000
Top Heavy Key Employee Definition $175,000 $180,000
Defined Contribution Annual Additions Limit $55,000 $56,000
Defined Benefit Annual Benefit Limit $220,000 $225,000
Social Security Taxable Wage Base $128,400 $132,900
Flexible Spending Accounts (FSAs)
Health FSA Limit $2,650 $2,700
Dependent Care Account
Married individuals, filing separately $2,500 No change
Households $5,000 No change
Health Savings Account Limitations (HSAs)
HSA Contribution Limits
Individual $3,450 $3,500
Family $6,900 $7,000
Catch-up $1,000 No change
HDHP Out of Pocket Maximum
Individual $6,650 $6,750
Family $13,300 $13,500
HDHP Minimum Annual Deductible
Individual $1,350 No change
Family $2,700 No change
Employer Provided Adoption Assistance Programs $13,840 $14,080
Transportation Fringe Programs
Mass Transit Expenses $260/month $265/month
Parking Expenses $260/month $265/month