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Posted on: December 19, 2018

2019 Facts & Figures

FICA Taxes

Tax Type Social Security – Wage limit of $132,900 Medicare – No Wage limit Medicare – Wages in excess of $200,000
Employer Tax 6.20% 1.45% 0%
Employee Tax 6.20% 1.45% 0.9%

Mileage Rates

Cents/mile Cents/mile
Business 58 Moving 20
Medical 20 Charitable 14

Pension Plans

Plan Type Contribution Limits Catch-up Limit (Age 50+)
401K & 403B $19,000 Additional $6,000
Simple & 408P $13,000 Additional $3,000

Health Savings Accounts

Plan Type Individual Limits Family Limits Catch-up Limit (Age 55+)
HSA (Health Savings Account) $3,500 $7,000 Additional $1,000
FSA (Flexible Spending Account) $2,700

2018 Facts & Figures

FICA Taxes

Tax Type Social Security – Wage limit of $128,400 Medicare – No Wage limit Medicare – Wages in excess of $200,000
Employer Tax 6.20% 1.45% 0%
Employee Tax 6.20% 1.45% 0.9%

Mileage Rates

Cents/mile Cents/mile
Business 54.5 Moving 18
Medical 18 Charitable 14

Pension Plans

Plan Type Contribution Limits Catch-up Limit (Age 50+)
401K & 403B $18,500 Additional $6,000
Simple & 408P $12,500 Additional $3,000

Health Savings Accounts

Plan Type Individual Limits Family Limits Catch-up Limit (Age 55+)
HSA (Health Savings Account) $3,450 $6,900 Additional $1,000
FSA (Flexible Spending Account) $2,650

2017 Facts & Figures

FICA Taxes

Tax Type Social Security – Wage limit of $127,000 Medicare – No Wage limit Medicare – Wages in excess of $200,000
Employer Tax 6.20% 1.45% 0%
Employee Tax 6.20% 1.45% 0.9%

Mileage Rates

Cents/mile Cents/mile
Business 53.5 Moving 17
Medical 17 Charitable 14

Pension Plans

Plan Type Contribution Limits Catch-up Limit (Age 50+)
401K & 403B $18,000 Additional $6,000
Simple & 408P $12,500 Additional $3,000

Health Savings Accounts

Plan Type Individual Limits Family Limits Catch-up Limit (Age 55+)
HSA (Health Savings Account) $3,400 $6,750 Additional $1,000
FSA (Flexible Spending Account) $2,600

2016 Facts & Figures

FICA Taxes

Tax Type Social Security – Wage limit of $118,500 Medicare – No Wage limit Medicare – Wages in excess of $200,000
Employer Tax 6.20% 1.45% 0%
Employee Tax 6.20% 1.45% 0.9%

Mileage Rates

Cents/mile Cents/mile
Business 54 Moving 19
Medical 19 Charitable 14

Pension Plans

Plan Type Contribution Limits Catch-up Limit (Age 50+)
401K & 403B $18,000 Additional $6,000
Simple & 408P $12,500 Additional $3,000

Health Savings Accounts

Plan Type Individual Limits Family Limits Catch-up Limit (Age 55+)
HSA (Health Savings Account) $3,350 $6,750 Additional $1,000
FSA (Flexible Spending Account) $2,550

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