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HDHP and HSA Limits

2024

2025

HDHP Minimum Deductible – Self Only

$1,600

$1,650

HDHP Minimum Deductible – Family

$3,200

$3,300

HDHP OOP Limit – Self Only

$8,050

$8,300

HDHP OOP Limit – Family

$16,100

$16,600

HSA Contribution Limit – Self Only

$4,150

$4,300

HSA Contribution Limit – Family

$8,300

$8,550

HSA Contribution Limit – Catchup (55+)

$1,000

$1,000

 

 

ACA Limits

2024

2025

Health Plan OOP Limit - Self Only

$9,450

$9,200

Health Plan OOP Limit - Family

$18,900

$18,400

ACA Affordability Threshold

8.39%

9.02%

 

 

Flexible Spending Accounts (FSA)

2024

2025

Health FSA Election Maximum

$3,200

$3,300

Health FSA Rollover Maximum

$640

$660

Dependent Care Election Maximum (not indexed)

$5,000

$5,000

 

 

HRA Limits

2024

2025

QSEHRA - Self Only

$6,150

$6,350

QSEHRA - Family

$12,450

$12,800

EBHRA

$2,100

$2,150

 

 

Commute

2024

2025

Transit Pass Maximum (Monthly)

$315

$325

Parking (Monthly)

$315

$325

Bicycle (Monthly)

$20

$20

 

 

Retirement Plans

2024

2025

Elective Deferral Maximum

$23,000

TBD

Catch-up Maximum (50+)

$7,500

TBD

Total Contribution Limit (<50)

$69,000

TBD

Total Contribution Limit (50+)

$76,500

TBD

401(a) Compensation Limit

$345,000

TBD

 

 

Compensation Thresholds

2024

2025

Highly Compensated Employee (HCE)

$155,000

TBD

Key Employee Officer Comp

$220,000

TBD

Key Employee 1% Owner Comp

$150,000

TBD

 

 

Other Limits

2024

2025

Educational Assistance (not indexed)

$5,250

$5,250

Adoption Assistance

$16,810

$17,280

Social Security Wage Base

$168,600

$176,100

 

 

 

TERMS


HSA

The HSA is an individual Health Savings Account that is owned by the employee and may be used for the payment of medical expenses that are not covered by a qualified High Deductible Health Plan (HDHP), including expenses that go toward satisfying the deductible. This maximum is inclusive of employer and employee contributions.

 

FSA

A Health or Dependent Care Flexible Spending Account (FSA) allows participating employees to reduce their earnings on a pre-tax basis to pay for certain qualified expenses. Salary reductions provide significant tax savings to both the employee and the employer.

 

FSA Rollover (Carryover)

Employers may offer employees the option of rolling over a portion of their remaining Health FSA balance each year, to be used in the same type of plan during the following plan year. The final balance that is available for rollover will be determined after the current plan year’s claim submission deadline.

 

Transit

The Transit Plan allows employees to set money aside on a pre-tax basis for mass transit expenses. Employees get to use tax-free money for their commuting expenses when traveling to and from work.

 

Parking 

The Parking Plan allows employees to set money aside on a pre-tax basis for work-related parking expenses. Employees get to use tax-free money for parking at or near an office location or mass transit hub.

 

Educational Assistance

Funds received through Employer-sponsored tuition assistance plans and educational assistance programs (EAPs) allow employees to generally exclude such amounts from their income when the funds are used to finance employee education-related expenses.

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