On October 22, 2024, the IRS issued Rev. Proc. 2024-40, which announces the 2025 indexed limits for certain health and welfare benefits. This is in addition to the limits that the IRS announced on May 9, 2024 in Rev. Proc. 2024-25.
Health and Welfare Limit Changes (PDF version here)
| 2024 | 2025 | |
| HSA contributions | $4,150 for self-only coverage $8,300 for family coverage |
$4,300 for self-only coverage $8,550 for family coverage |
| HSA-compatible HDHP deductible | $1,600 for self-only coverage $3,200 for family coverage |
$1,650 for self-only coverage $3,300 for family coverage |
| HSA-compatible HDHP out-of-pocket maximum | $8,050 for self-only coverage $16,100 for family coverage | $8,300 for self-only coverage $16,600 for family coverage |
| Health FSA salary reductions | $3,200 | $3,300 |
| Health FSA carryover | $640 | $660 |
| Monthly qualified transportation fringe benefits | $315 | $325 |
| Monthly qualified parking | $315 | $325 |
| Qualified adoption expenses from a qualified adoption assistance program | $16,810 | $17,280 |
| Employer contributions to an excepted benefit HRA | $2,100 | $2,150 |
For a PDF of this table, click here.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
