| Benefit | 2018 | 2019 |
| Flexible Spending Accounts (FSAs) | $2,650 | $2,700 |
| Limited Purpose FSAs | $2,650 | $2,700 |
| Dependent Care FSAs | $5,000 | $5,000 |
| Commmuter Benefits | $260 | $265 |
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The IRS recently announced the 2019 contribution limits for Flexible Spending Accounts “FSAs.” Employers can establish lower FSA contribution limits for their employees, but cannot exceed the IRS limitations. The outline below summarizes the differences between the 2018 and 2019 FSA contribution limits.
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| Monty Dise, President Asset Protection Group, Inc. mdise@apgroupinc.com 804-423-7700 |
Independent Insurance Agents of Virginia