Alert / Retirement, Employee Benefits
IRS announces benefit plan limits for 2019

The IRS has announced welfare and retirement benefit plan limits for 2019. There are many sections in the tax code that limit the amount of tax-favored welfare and retirement benefits an employer may provide or an employee may receive. The IRS updates these limits annually to account for inflation.

Here are the limits for 2019 and the corresponding limits for 2018. Note that regulators previously issued guidance updating the limits for health savings accounts and their corresponding high deductible health plans, as well as certain health reform-related fees, penalties and limits. Those updates are included as well. We expect more inflation adjustment announcements in the near future and will update this information at that time.

Please click the image for a printable version of the 2019 welfare and retirement benefit plan limits.

    
< Back to Insights & Publications
Discover more Insights & Publications  |  Read more in the Lockton Newsroom  |  See our Client Stories
Read more in the Lockton Newsroom
See our Client Stories