2019 IRS Cost-of-Living Adjustments
The charts below show some of the more common IRS benefit limits for 2019 and how they compare to 2018:
Retirement Plans
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Limit | 2018 | 2019 |
Annual Compensation | $275,000 | $280,000 |
Elective Deferrals | $18,500 | $19,000 |
Defined Benefit Plan Contribution | $220,000 | $225,000 |
Defined Contribution Plan Contribution | $55,000 | $56,000 |
Highly Compensated Employee | $120,000 | $125,000 |
Social Security Taxable Wage Base | $128,700 | $132,900 |
Health and Welfare Plans
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Limit | 2018 | 2019 |
Out-of-Pocket Maximum | $7,350 individual $14,700 family | $7,900 individual $15,800 family |
FSA Contributions | $2,650 | $2,700 |
HSA Contributions | $3,450 individual $6,900 family | $3,500 individual $7,000 family |
HDHP Minimum Deductible | $1,350 individual $2,700 family | $1,350 individual $2,700 family |
HDHP Maximum Out-of-Pocket | $6,650 individual $13,300 family | $6,750 individual $13,500 family |
Transportation Fringe Exclusion | $260/month | $265/month |