Health Care Corner: Tips by Monty Dise

The IRS recently announced the 2019 contribution limits for Flexible Spending Accounts “FSAs.” Employers can establish lower FSA contribution limits for their employees, but cannot exceed the IRS limitations. The outline below summarizes the differences between the 2018 and 2019 FSA contribution limits.
Benefit 2018 2019
Flexible Spending Accounts (FSAs) $2,650 $2,700
Limited Purpose FSAs $2,650 $2,700
Dependent Care FSAs $5,000 $5,000
Commmuter Benefits $260 $265
Monty Dise, President 
Asset Protection Group, Inc. 
mdise@apgroupinc.com 
804-423-7700

Independent Insurance Agents of Virginia