IRS Announces 2019 HSA Contribution Limits

Last week, the IRS released the 2019 inflation adjusted contribution limit amounts for Health Savings Accounts (HSA).

The amounts for HSAs for 2019 as compared to 2018 are as follows:

2018

• Annual Contribution Limit to HSA for Self Only Coverage = $3450
• Annual Contribution Limit to HSA for Family coverage= $6900
• Annual Deductible for Self Only Coverage = Not less than $1350
• Annual Deductible for Family Coverage = Not less than $2700
• Annual Out of Pocket Expenses for Self Only Coverage = Can’t exceed $6650
• Annual Out of Pocket Expenses for Family Coverage = Can’t exceed $13,300

2019

• Annual Contribution to HSA for Self Only Coverage = $3500
• Annual Contribution to HSA for Family coverage = $7000
• Annual Deductible for Self Only Coverage = Not less than $1350
• Annual Deductible for Family Coverage = Not less than $2700
• Annual Out of Pocket Expenses for Self Only Coverage = Can’t exceed $6750
• Annual Out of Pocket Expenses for Family Coverage = Can’t exceed $13,500