QSEHRA contribution limits for 2018
It is always amusing when the Service has a statutory deadline, like the October 1 deadline to provide QSEHRA participants written notice of their benefit, and releases helpful information weeks after said deadline.
The IRS released the 2018 QSEHRA guidelines through Revenue Procedure 2017-58 on October 19, 2017. Luckily, HRA Plan Docs computed the increase from CPI in August so our clients were able to provide accurate employee notices.
The 2018, QSEHRA contribution limits increased $200 annually for self-only employees and $250 annually for employees with a family. An increase of roughly $16.66 per month for self-only employees and $20.83 for employees with a family. See the chart below for details:
The maximum monthly allowance for 2017 Plans
|Employee w/ Dependent(s)||$833.33|
The maximum monthly allowance for 2018 Plans
|Employee w/ Dependent(s)||$854.17|