Benefit News
2019 IRS Benefit Limits and San Francisco Health Care Security Ordinance (SFHCSO) Contribution Requirements
November 16, 2018
| Retirement Plans | 2018 | 2019 |
|---|---|---|
| 401(k) Employee Deferral Limit (402(g)) | $18,500 | $19,000 |
| Defined Contribution Dollar Limit (415(c)) | $55,000 | $56,000 |
| Annual Compensation Limit (401(a)(17), 404(l), 408(k)(3),408(k)(6)) | $275,000 | $280,000 |
| Age 50+ Catch-up Contribution (for 401(k), 403(b) plans) | $6,000 | $6,000 |
| Key Employee Compensation Limit (416(i)) | $175,000 | $180,000 |
| Highly Compensated Employee Compensation Limit (414(q)) | $120,000 | $125,000 |
| Defined Benefit Plan Dollar Limit (415(b)) | $220,000 | $225,000 |
| Government / Tax Exempt Deferral Limit (457(e)(15)) | $18,500 | $19,000 |
| Social Security Taxable Wage Base | $128,400 | $132,900 |
| Employee Health and Welfare Plans | 2018 | 2019 |
| HDHP Self-only Coverage ACA Maximum Out-of-Pocket | $7,350 | $7,900 |
| HDHP Family Coverage ACA Maximum Out-of-Pocket | $14,700 | $15,800 |
| HSA HDHP Self-only Coverage Minimum Deductible | $1,350 | $1,350 |
| HSA HDHP Family Coverage Minimum Deductible | $2,700 | $2,700 |
| HSA HDHP Self-only Coverage Maximum Out-of-Pocket | $6,650 | $6,750 |
| HSA HDHP Family Coverage Maximum Out-of-Pocket | $13,300 | $13,500 |
| HSA Self-only Coverage Maximum Contribution | $3,450 | $3,500 |
| HSA Family Coverage Maximum Contribution | $6,900 | $7,000 |
| HSA Age 55+ Catch-Up Contribution | $1,000 | $1,000 |
| Qualified Small Employer HRA Contribution | $5,050/$10,250 | $5,150/$10,450 |
| Healthcare Flexible Spending Account | $2,650 | $2,700 |
| Dependent Care Flexible Spending Account | $5,000 | $5,000 |
| Monthly Qualified Transportation Fringe Exclusion Limit (132(f)) | $260 (transit/parking) | $265 (transit/parking) |
| SFHCSO Employer Contribution Requirements [1] | 2018 | 2019 |
| All employers with 100+ employees | $2.83/hr payable ($1,460.28/qtr) | $2.93/hr payable ($1,511.88/qtr |
| Businesses with 20-99 employees Non-profits with 50-99 employees |
$1.89/hr payable ($975.24/qtr) | $1.95/hr payable ($1,006.20/qtr) |
| Businesses with < 20 employees Non-profits with < 50 employees |
Exempt | Exempt |
For additional information, please contact your Burnham Benefits Consultant or Burnham Benefits at 949-833-2983 or inquiries@burnhambenefits.com.
[1] Covered employers are required to make a minimum health care expenditure for most of their employees who work at least 8 hours per week within the geographic boundaries of the City.
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