2020 IRS Contribution Limits Released


On Wednesday, the IRS announced new contribution limits for medical FSA, Commuter Benefit, and HSA plans for 2020.  The FSA contribution will increase to $2,750, a $50 increase from current limits. The HSA contribution limit for individuals with a high deductible health plan (HDHP) will likewise be raised from $3,500 for an individual and $7,000 for a family to $3,550 for an individual and $7,100 for a family.  The IRS also adjusted the contribution limits for adoption assistance programs, increasing the limit from $14, 080 to $14,300. The current and new contribution limits are listed below:


Medical FSA Contribution Limit

Monthly Commuter Benefits Contribution Limit$265$270
HSA Contribution Limit


Single:   $3,500

Family: $7,000


Single:   $3,550

Family: $7,100

Adoption Assistance Limit




Feedback From Our Happy Customers

Need a custom plan designed for your team?

Schedule a Consultation

Contact Us Now To Get Your Business Covered