To date, the IRS has released a number of HSA and ACA maximums and limits applicable to 2021 health and welfare plans. See below for the 2021 numbers along with comparisons to 2020. We will update this page as the IRS releases more 2021 maximums and limits throughout the year.
New in 2020, the IRS has indexed the Health FSA Carryover Maximum amount, so we have added that to our chart. The amount shown is the maximum that can be carried forward from plans beginning in the listed year into plans beginning the following year.
Cafeteria Plans:
|
2020 |
2021 |
| Health FSA Maximum: |
$2,750 |
$2,750 |
| Health FSA Carryover Maximum: |
$550 |
$550 |
| Dependent Care Assistance Plans (Dependent Care FSA) annual maximum (unless married filing separately): |
$5,000 |
$5,000 |
| Dependent Care Assistance Plans (Dependent Care FSA) annual maximum (if married filing separately): |
$2,500 |
$2,500 |
| Medical mileage rate to obtain medical care (reimbursable by a Health FSA): |
$0.17 |
$0.16 |
| Compensation amount for determining Highly Compensated Employee: |
$130,000 |
$130,000 |
| Compensation amount for determining Key Employee (officers/owners earning over): |
$185,000 |
$185,000 |
Health Savings Accounts (HSAs):
|
2020 |
2021 |
| Minimum annual HDHP deductible – Single: |
$1,400 |
$1,400 |
| Minimum annual HDHP deductible – Family: |
$2,800 |
$2,800 |
| Annual HSA Contribution Limit – Single: |
$3,550 |
$3,600 |
| Annual HSA Contribution Limit – Family: |
$7,100 |
$7,200 |
| Plan Out-of-Pocket Max for HSA Eligibility – Single: |
$6,900 |
$7,000 |
| Plan Out-of-Pocket Max for HSA Eligibility – Family: |
$13,800 |
$14,000 |
| Annual HSA Contribution Limit – Age 55+ catch-up: |
$1,000 |
$1,000 |
Affordable Care Act (ACA):
|
2020 |
2021 |
| Plan Out-of-Pocket Max for ACA Compliance – Individual: |
$8,150 |
$8,550 |
| Plan Out-of-Pocket Max for ACA Compliance – Family: |
$16,300 |
$17,100 |
| ACA Affordability Percentage: |
9.78% |
9.83% |
Transportation Fringe Benefits (per month):
|
2020 |
2021 |
| Parking: |
$270 |
$270 |
| Transit Passes & Vanpooling: |
$270 |
$270 |
For more information or questions regarding how the limits impact your plan, feel free to contact us.
