IRS Announces 2020 Healthcare FSA, Transit & Parking Limits

The IRS released Rev. Proc. 2019-44 which set new limits for Healthcare FSA, Transit and Parking for 2020:

• Healthcare FSA annual limit increased from $2,700 to $2,750
• Transit monthly limit increased from $265 to $270
• Parking monthly limit increased from $265 to $270

For help finding a vendor to provide these accounts to your groups, please contact your B&P Sales Rep - 888.722.3373.