2019 HSA Contribution Limits Released By The IRS

May 10, 2018

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

HSA

2018

2019

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)

2018

2019

Annual deductible not less than:

$1,350

          $1,350            

Annual out-of-pocket expenses don’t exceed:

$6,650

$6,750

 

HDHP (family coverage)

2018

2019

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.

Are you interested in learning more about transitioning your employees to these popular plans? Complete the form below and download our eBook today to see how to get started!

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