2022 Benefits Plan Limits and Thresholds Table



401(k) Plan limits


Defined contribution plans

2022

2021

Change

Employee Maximum Optional Deferral (49 years or younger) 1


$20,500

$19,500

+$1,000

Employee catch-up contribution (50 years or older at the end of the year) 2


$6,500

$6,500

no change

Maximum employee optional carry-over plus catch-up contribution (age 50 or older)


$27,000

$26,000

+$1,000

Maximum defined contribution limit, employee + employer (49 years or less)
3


$61,000

$58,000

+$3,000

Maximum defined contribution limit (age 50 or over), all sources + catch-up


$67,500

$64,500

+$3,000

Employee remuneration ceiling for the calculation of contributions


$305,000

$290,000

+$15,000

Key Employee Pay Threshold for Heaviest Diet Tests 4


$200,000

$185,000

+$15,000

Threshold of highly paid employees for non-discrimination testing 5


$135,000

$130,000

+$5,000


HSA and HDHP limits


Health Savings Accounts (HSA) and High Deductible Health Plans (HDHP)

2022

2021

Change

HSA contribution limit
(employer + employee)


Autonomous: $3,650


Family: $7,300

Autonomous: $3,600


Family: $7,200

Self-only: +$50


Family: +$100

HSA catch-up contributions
(55 years or older)


$1,000

$1,000

no change

HDHP minimum deductibles


Autonomous: $1,400


Family: $2,800

Autonomous: 1,400


Ffamily: $2,800

no change


no change

HDHP maximum payout amounts (deductibles, co-payments and other amounts, but not premiums)


Autonomous: $7,050


Family: $14,100

Autonomous: $7,000


Family: $14,000

Self-only: +50


Family: +$100


Source: IRS Tax Procedure 2021-25.


FSA Health Limits


Flexible Spending Accounts for Health Care (FSC Health) and FSC Limited Scope (Vision/Dental)


2022


2021


Change

Maximum salary deferral


$2,850

$2,750

+$100

Maximum Rollover Amount


$570

$550 (as indexed, but full unused balance carryover allowed)1

+$20

(indexed amount)




1
The Consolidated Appropriations Act, 2021 gave employers who sponsor health FSAs the ability to let participants carry over any unused amounts from these accounts from 2020 to 2021 and from 2021 to 2022, although the indexed carry forward amount was $550 for both years.
IRS Notice 2021-15published in February 2021, dealt with the implementation of this relief.



Source: IRS Tax Procedure 2021-45.


FSA limits for dependent care


Dependent Care FSAs (DC-FSAs) also known as Dependent Care Assistance Plans (DCAPs)


2022


2021


Change

Maximum salary deferral

(single taxpayers and married couples filing jointly)


$5,000

$5,000 (as indexed, but increased to $10,500)1



no change (indexed amount)

Maximum salary deferral
(married couples declaring separately)



$2,500

$2,500 (as indexed, but increased to $5,250)1

no change (indexed amount)


1 The American Rescue Plan Act, signed into law on March 11, 2021, increased the allowable pre-tax contribution limits for DC-FSAs for calendar year 2021 only. The higher limits applied to the plan year beginning after December 31, 2020 and before January 1, 2022.

Additionally, while an FSA carryover typically only applies to health FSAs, the COVID-19 relief allowed for a carryover of unused balances for DC-FSAs to the next plan year for years plan 2020 and 2021.



Source: IRS Tax Procedure 2021-45.


QSEHRA
Limits


Qualified Small Employer Health Reimbursement Arrangements (QSEHRA)

2021

2021

Change

Maximum payouts and refunds via the QSEHRA


Autonomous: $5,450


Family: $11,050

Autonomous: $5,300


Family: $10,700

Self-only: + $150


Family: +350$


Source: IRS Tax Procedure 2021-45.


Transit and parking limits


Eligible transportation benefit

(monthly limits)


2022


2020


Change

Transit passes and ride-sharing services (employer + employee)


$280

$270

+$10

Qualified parking


$280

$270

+$10


Source: IRS Tax Procedure 2021-45.


Help with adoption


Adoption Benefits
(Annual limits)

2022

2021

Change

Amount excluded


$14,890



$14,440



+$450




Transitional Income Thresholds:







Elimination begins


$223,410

$216,660

+$6,750

Elimination completed


$263,410

$256,660

+$6,750


Source: IRS Tax Procedure 2021-45.


Wages subject to social security payroll tax


Social Security Payroll Tax (FICA)


2022


2020


Change

Maximum income subject to social security 12.4% FICA contribution (6.2% paid by employer and 6.2% paid by employee)


$147,000

$142,800

+$4,200


Source: Social Security Administration.




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