2019 HSA Contribution Limits Released By The IRS

Dec 5, 2018 | Health Savings Accounts | 0 comments

The IRS has announced 2019 HSA contribution limits as part of the release of Revenue Procedure 2018-30. The limits are:

HSA20182019
Self-only HSA contribution limit$3,450$3,500
Family HSA contribution limit$6,900$7,000

In 2019, the HSA contribution limit will increase to $3,500 for single (an increase of $50) and $7,000 for family (an increase of $100). As a reminder, the 2018 family HSA contribution limit also recently increased to $6,900 with the update released by the IRS on April 26, 2018.

2019 High-Deductible Health Plan (HDHP) deductible amounts and out-of-pocket expense limits were also announced:

HDHP (self-only coverage)20182019
Annual deductible not less than:$1,350$1,350
Annual out-of-pocket expenses don’t exceed:$6,650$6,750
HDHP (family coverage)20182019
Annual deductible not less than:$2,700$2,700
Annual out-of-pocket expenses don’t exceed:$13,300$13,500

For your employees to be eligible to participate in a Health Savings Account, they must be enrolled in an HDHP.

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