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 - 

http://sstevenshealthcare.blogspot.com/2013/10/health-savings-accounts-hsas.html

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