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IRS 2018 Plan Maximums and Limits

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by Christopher Macali on 27 September, 2017 with Add new comment

To date, the IRS has released a number of HSA and ACA maximums and limits applicable to 2018 health and welfare plans. See below for the 2018 numbers along with comparisons to 2017. We will update this page as the IRS releases more 2018 maximums and limits throughout the year.

Cafeteria Plans:

  2018 2017
Health FSA Maximum: $2,650 $2,600
Dependent Care Assistance Plans (Dependent Care FSA) annual maximum (unless married filing separately: $5,000 $5,000
Dependent Care Assistance Plans (Dependent Care FSA) annual maximum (if married filing separately): $2,500 $2,500
Medical mileage rate to obtain medical care (reimbursable by a Health FSA): TBA $0.17
Compensation amount for determining Highly Compensated Employee: $120,000 $120,000
Compensation amount for determining Key Employee (officers/owners earning over): $175,000 $175,000

 

Health Savings Accounts (HSAs):

  2018 2017
Minimum annual HDHP deductible – Single: $1,350 $1,300
Minimum annual HDHP deductible – Family: $2,700 $2,600
Annual HSA Contribution Limit – Single: $3,450 $3,400
Annual HSA Contribution Limit – Family: $6,900 $6,750
Plan Out-of-Pocket Max for HSA Eligibility – Single: $6,650 $6,550
Plan Out-of-Pocket Max for HSA Eligibility – Family: $13,300 $13,100
Annual HSA Contribution Limit – Age 55+ catch-up: $1,000 $1,000

 

Affordable Care Act (ACA):

  2018 2017
Plan Out-of-Pocket Max for ACA Compliance – Individual: $7,350 $7,150
Plan Out-of-Pocket Max for ACA Compliance – Family: $14,700 $14,300
ACA Affordability Percentage: 9.56% 9.69%

 

Health Reimbursement Arrangements:

  2018 2017
Qualified Small Employer HRA Limit – Single: $5,050 $4,950
Qualified Small Employer HRA Limit – Family: $10,250 $10,050

 

Transportation Fringe Benefits:

  2018 2017
Parking: $260 $255
Transit Passes & Vanpooling: $260 $255

 

For more information or questions regarding how the limits impact your plan, feel free to contact us.

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Christopher Macali

Christopher Macali

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