2022 Health and Fringe Benefit Limits
| 2021 | 2022 | |
| Health Savings Accounts – HDHP Limits (§223(c)(2)(A)) | ||
| HDHP Minimum Annual Deductible – Self Only | $1,400 | $1,400 |
| HDHP Minimum Annual Deductible – Family | $2,800 | $2,800 |
| HDHP Out-of-Pocket Maximum – Self Only | $7,000 | $7,050 |
| HDHP Out-of-Pocket Maximum – Family | $14,000 | $14,100 |
| Health Savings Accounts – Max Contribution Limits (§223(b)) | ||
| Self Only | $3,600 | $3,650 |
| Family | $7,200 | $7,300 |
| Catch-Up Contributions (age 55 by the end of the year) | $1,000 | $1,000 |
| Out-of-Pocket Maximum – PHSA §2707(b) Limits | ||
| Self Only | $8,550 | $8,700 |
| Embedded Individual Max within Family Coverage | $8,550 | $8,700 |
| Family | $17,100 | $17,400 |
| Transportation Fringe Benefits – Monthly Limits (§132(f)(2)) | ||
| Parking | $270 | $280 |
| Transit Passes and Vanpooling (combined) | $270 | $280 |
| Health Flexible Spending Arrangements | ||
| Contribution Limit (§125(i)) | $2,750 | $2,850 |
| Carryover Limit | $550 | $570 |
| Dependent Care FSA | ||
| Contribution Limit (§129(a)(2))* | $5,000 | $5,000 |
| Employer Adoption Assistance Exclusion (§137) | ||
| Maximum Gross Income Exclusion | $14,440 | $14,890 |
| Maximum AGI Limit (after which exclusion phases out) | $216,660 | $223,410 |
| Qualified Small Employer HRA §9831(d) | ||
| Max Annual Contribution - All Coverage (other than family) | $5,300 | $5,450 |
| Max Annual Contribution - Family Coverage | $10,700 | $11,050 |
| Excepted Benefit HRA - Treas. Reg. §54.9831-1(c)(3)(viii) | ||
| Annual Maximum | $1,800 | $1,800 |
* Special income tax situations may require a lower limit.
Social Security Tax and Wage Base
The Social Security Administration announced that the 2022 social security wage base will be $147,000, which is an increase of $4,200 from $142,800 for the 2021 calendar year.
Medicare Tax
The regular Medicare tax rate of 1.45% remains unchanged and applies to all income without a limitation for both the employee and employer portion. The Affordable Care Act additional Medicare tax of 0.9% remains unchanged. The additional Medicare tax applies to wages, other compensation, and self-employment income over certain dollar thresholds ($200,000 for single and $250,000 for married filing jointly). The additional Medicare tax only applies to the employee and not the employer.
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