Honu Wealth Management
Garth A Williams, MBA, CFP®
Financial Advisor
1307 S Mary Ave, Suite 101
Sunnyvale, CA 94087
650-917-3400
garth@honuwealth.com
www.HonuWealth.com
 
 




2019 Key Numbers

 

Protection Planning

Eligible long-term care premium deduction limits:

LTC premium deduction limits20182019
Age 40 or under$420 $420
Age 41-50$780$790
Age 51-60$1,560$1,580
Age 61-70$4,160$4,220
Over age 70$5,200$5,270

Per diem limit:

LTC periodic payments20182019
Periodic payments for qualified long-term care insurance/certain life insurance$360 $370

Archer Medical Savings Accounts

High deductible health plan--self-only coverage20182019
Annual deductible--minimum$2,300 $2,350
Annual deductible--maximum$3,450$3,500
Annual out-of-pocket expenses required to be paid (other than for premiums) can't exceed$4,550$4,650
High deductible health plan--family coverage20182019
Annual deductible--minimum$4,550 $4,650
Annual deductible--maximum$6,850$7,000
Annual out-of-pocket expenses required to be paid (other than for premiums) can't exceed$8,400$8,550

Flexible spending account (FSA) for health care

Health care FSAs20182019
Maximum salary reduction contribution$2,650 $2,700

Health Savings Accounts (HSAs)

Annual contribution limit20182019
Self-only coverage$3,450 $3,500
Family coverage$6,900$7,000
High deductible health plan--self-only coverage20182019
Annual deductible--minimum$1,350 $1,350
Annual out-of-pocket expenses required to be paid (other than for premiums) can't exceed$6,650$6,750
High deductible health plan--family coverage20182019
Annual deductible--minimum$2,700 $2,700
Annual out-of-pocket expenses required to be paid (other than for premiums) can't exceed$13,300 $13,500
Catch-up contributions20192020
Annual catch-up contribution limit for individuals age 55 or older$1,000 $1,000


This information was developed by Forefield, Inc. an independent third party. It is general in nature, is not a complete statement of all information necessary for making an investment decision, and is not a recommendation or a solicitation to buy or sell any security. Investments and strategies mentioned may not be suitable for all investors. Past performance may not be indicative of future results.

Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2018.