Your 2020 FSA, HSA, QSEHRA, and HDHP Limits
Each year, the IRS sets new out of pocket maximums and contribution limits for a number of tax-related benefit plans based on cost-of-living adjustments (COLAs).
We’ll get right to the point. The 2020 adjustments are official as of today and are as follows.
| Type of Limit |
2019 |
2020 |
| HSA Contribution Limit |
Self Only: $3,500 Family: $7,000 |
Self Only: $3,550 Family: $7,100 |
| HSA Catch-Up Contribution | Age 55 of Older: $1,000 | Age 55 of Older: $1,000 |
| HDHP Minimum Deductible |
Self Only: $1,350 Family: $2,700 |
Self Only: $1,400 Family: $2,800 |
| HDHP Maximum Our-of-Pocket Expense Limit (deductibles, copayments and other amounts, but not premiums) |
Self Only: $6,750 Family: $13,500 |
Self Only: $6,900 Family: $13,800 |
| FSA Contribution Limit | $2,700 | $2,750 |
| Dependent Care Contribution Limit |
Individual: $2,500 Joint Filing: $5,000 |
Individual: $2,500 Joint Filing: $5,000 |
| Qualified Transportation Fringe Benefits | $265 per month | $270 per month |
| Qualified Small Employer HRAs |
Self Only: $5,150 Family: $10,450 |
Self Only: $5,250 Family: $10,600 |
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