2020 Quick Benefit Facts

Mercer’s Quick Benefit Facts offers a handy single-sheet reference guide giving key 2018–2020 annual limits for retirement plans on one side, with health, fringe benefit and Affordable Care Act (ACA) figures on the other. All 2020 amounts are now official. Download the print-friendly PDF to see the complete charts.

Annually adjusted retirement plan figures shown on one side include:

• IRS qualified retirement plan limits
• IRS limits for traditional individual retirement accounts (IRAs)
• PBGC premiums for single-employer defined benefit plans
• Social Security taxable wage base and cost-of-living adjustment

Annually adjusted health and fringe benefit figures shown on the reverse side include:

• Tax-free qualified transportation fringe benefit limits
• Limit on salary-reduction contributions to health flexible spending arrangements (health FSAs)
• Maximum contributions for health savings accounts (HSAs) and the out-of-pocket maximums and minimum annual deductibles for HSA-qualifying high-deductible health plans
• ACA out-of-pocket maximums for nongrandfathered group health plans
• ACA play-or-pay assessments under the employer shared-responsibility (ESR) mandate
• ACA affordability monthly dollar limits under the ESR federal-poverty-line safe harbor
• ACA affordability percentages for employer coverage