Benefits Blog

IRS Announces FSA and Parking/Transit Adjustments for 2020

Posted by Sierra Betterley on Wednesday, November 06, 2019 @ 11:16 AM

IRS ANNOUNCES ADJUSTMENTS FOR 2020

Today, November 6, 2019, the IRS released a statement announcing the Health Flexible Spending Account (FSA) and Qualified Parking and Transportation Account election limits for any plan years beginning in 2020.

 

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Tags: IRS, FSA, HSA, contribution limits, irs bulletin, Dependent Care FSA, 2020, Qualified Parking, Qualified Transportation, Commuter Benefits

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