2020 IRS Contribution Limits Released

November 6, 2019

The IRS released contribution limits for 2020 as part of Revenue Procedure 2019-44. These include 2020 FSA contribution limits, which increase to $2,750. The new limits are:

2020 IRS contribution limits

Medical Flexible Spending Account



Medical FSA contribution limit




Commuter Benefits



Commuter Benefits monthly limit




Adoption Assistance







Qualified Small Employer Health Reimbursement Arrangement



Self-only QSEHRA contribution limit



Family QSEHRA contribution limit



Previously announced

Health Savings Account



Self-only HSA contribution limit



Family HSA contribution limit




2020 IRS contribution limits 

Medical Flexible Spending Accounts (Medical FSAs)

The 2020 Medical FSA contribution limit will be $2,750, an increase of $50 from the 2019 limits.

Commuter Benefits

The monthly Commuter Benefits limit for mass transit and parking will increase $270 for 2020. That’s up $5 from the 2019 limit.

Adoption Assistance Programs

The maximum amount that may be excluded from an employee’s gross income for the adoption of a special needs child through an adoption assistance program is $14,300 in 2020. That amount is the same as what may be excluded from that employee’s gross income for expenses incurred by an employer for qualified adoption expenses within the program.

Qualified Small Health Reimbursement Arrangements (QSEHRAs)

Employer contribution limits for QSEHRAs are $5,250 for single and $10,600 for families.

Health Savings Accounts (HSAs)

The IRS had previously announced 2020 HSA contribution limits. The limit is $3,550 for an individual and $7,100 for family.

Learn more about HSAs, FSAs, Commuter Benefits and other employee benefits plans by downloading our Ultimate Guide to Benefits today!

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