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2019 Updates

FSA Limits
For all Health Care FSA plans that begin on any day in 2019, a new limit of $2700 has been imposed by Health Care Reform. This is a per employer per plan year maximum. Individual salary reductions are capped at this limit, and any employer contributions are not counted as part of this maximum.

Medical Transportation Deduction
For 2019, the amount that may be deducted for medical transportation expenses has been increased to 20 cents per mile, up from 18 cents per mile for 2018.

Transportation/Parking Benefits
For 2019, the monthly limit on the amount that may be excluded from an employee's income for qualified parking benefits will increase to $265. The combined monthly limit for transit passes and vanpooling expenses for 2019 will also increase to $265. Employees may participate in both plans for a total maximum monthly benefit of $530.

HRA Benefits
Annual maximum reimbursement for a qualified small employer health reimbursement arrangement (QSEHRA) will increase $100 for individual coverage from the current amount of $5,050 to $5,150, and the maximum reimbursement amount will increase $200 for family coverage from the current amount of $10,250 to $10,450.

HSA Benefits
As a reminder, on May 10, 2018, the IRS announced 2019 health savings account (HSA) contributions limit increases. In 2019, the annual HSA contribution limit for individual coverage will increase $50 from the current $3,450 to $3,500, and the family coverage contribution limit will increase $100 from the current $6,900 to $7,000.

PAYPRO ADMINISTRATORS
California Registered Administrator License 0G76414

For over 20+ years, we are the one-stop solution to over 1000 employers nationwide. As benefit plans become increasingly more complex, you need to know that the professionals handling your plan have the education and experience to recognize problems and find solutions. You'll have that at PayPro Administrators. We have the credentials and the hands-on experience to back it up.

To receive information about our services call us toll free at (800) 427.4549 x 226 Thank you to all of our valued clients for your continued support.

Urs Kaelin - President/CEO

   


PayPro Administrators
6180 Quail Valley Court Riverside, CA 92507
Tel: 951.656.9273
Fax: 951.656.9276

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