Friday, June 15, 2018

HSA Updates for 2019



Last month (May, 2018) the IRS issued its anticipated 2019 calendar year, inflation adjusted figures affecting Health Savings Accounts (HSAs), and the associated/required qualified High Deductible Health Plans (HDHPs).  Changed figures for 2019 are indicated in red in the chart that follows; along with the current (2018) and prior (2017) year's limits.


 

2017

2018

2019

HDHP MINIMUM DEDUCTIBLE



Individual
$1,300
$1,350
$1,350
Family
$2,600
$2,700
$2,700
HDHP OUT-OF-POCKET MAXIMUM



Individual
$6,550
$6,650
$6,750
Family
$13,100
$13,300
$13,500
HSA MAXIMUM CONTRIBUTION



Individual
$3,400
$3,450
$3,500
Family
$6,750
$6,900
$7,000
CATCH-UP CONTRIBUTIONS (age 55 and older)
$1,000
$1,000
$1,000

Readers interested in an overview of HSAs and HDHPs can click on the following link - 


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