Responsible Additions and Increases to Sustain Employee Health Benefits Act of 201 9 This bill modifies the tax exclusion for distributions from health flexible spending arrangements provided to employees under a cafeteria plan to (1) increase the annual limit on employee salary reduction contributions to $5,000, with an additional $500 for each additional employee dependent above two dependents that has not been taken into account by another person for the year; (2) revise the adjustment for inflation after 2019; and (3) allow a carryforward into the next year for unused amounts in such plans.
Employee benefits and pensionsHealth care costs and insuranceIncome tax exclusionInflation and prices
Responsible Additions and Increases to Sustain Employee Health Benefits Act of 2019
USA116th CongressS-503| Senate
| Updated: 2/14/2019
Responsible Additions and Increases to Sustain Employee Health Benefits Act of 201 9 This bill modifies the tax exclusion for distributions from health flexible spending arrangements provided to employees under a cafeteria plan to (1) increase the annual limit on employee salary reduction contributions to $5,000, with an additional $500 for each additional employee dependent above two dependents that has not been taken into account by another person for the year; (2) revise the adjustment for inflation after 2019; and (3) allow a carryforward into the next year for unused amounts in such plans.