Protection Planning

Eligible long-term care premium deduction limits:

LTC premium deduction limits	2019	2020
Age 40 or under	$420	$430
Age 41-50	$790	$810
Age 51-60	$1,580	$1,630
Age 61-70	$4,220	$4,350
Over age 70	$5,270	$5,430

Per diem limit:

LTC periodic payments	2019	2020
Periodic payments for qualified long-term care insurance/certain life insurance	$370	$380

Archer Medical Savings Accounts

High deductible health plan--self-only coverage	2019	2020
Annual deductible--minimum	$2,350	$2,350
Annual deductible--maximum	$3,500	$3,550
Annual out-of-pocket expenses required to be paid (other than for premiums) can't exceed	$4,650	$4,750

High deductible health plan--family coverage	2019	2020
Annual deductible--minimum	$4,650	$4,750
Annual deductible--maximum	$7,000	$7,100
Annual out-of-pocket expenses required to be paid (other than for premiums) can't exceed	$8,550	$8,650

Flexible spending account (FSA) for health care

Health care FSAs	2019	2020
Maximum salary reduction contribution	$2,700	$2,750

Health Savings Accounts (HSAs)

Annual contribution limit	2019	2020
Self-only coverage	$3,500	$3,550
Family coverage	$7,000	$7,100

High deductible health plan--self-only coverage	2019	2020
Annual deductible--minimum	$1,350	$1,400
Annual out-of-pocket expenses required to be paid (other than for premiums) can't exceed	$6,750	$6,900

High deductible health plan--family coverage	2019	2020
Annual deductible--minimum	$2,700	$2,800
Annual out-of-pocket expenses required to be paid (other than for premiums) can't exceed	$13,500	$13,800

Catch-up contributions	2019	2020
Annual catch-up contribution limit for individuals age 55 or older	$1,000	$1,000

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IMPORTANT DISCLOSURES

Philippe E Berthoud and William E. Riquier offer Securities and Advisory Services through United Planners Financial Services, Member FINRA/SIPC. United Planners and The Retirement Financial Center are independent companies.

Broadridge Investor Communication Solutions, Inc. does not provide investment, tax, legal, or retirement advice or recommendations. The information presented here is not specific to any individual's personal circumstances. To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be imposed by law. Each taxpayer should seek independent advice from a tax professional based on his or her individual circumstances. These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable — we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice.

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