H&W 2019 HSA Limits Released

HSA (health savings account) cost-of-living contribution and coverage adjustments for 2019 have been issued in Revenue Procedure 2018-30 . The new 2019 HSA contribution limits, minimum deductibles and maximum out-of-pocket expense levels for calendar year 2019 are as follows:

HSA Annual Contribution Limitation

Self-Only Coverage: $3,500 – up from $3,450 in 2018
Family Coverage: $7,000 – up from $6,900 in 2018

Reminder:  HSA contributions can only be made by individuals enrolled in a high deductible health plan.

For calendar year 2019, a high deductible health plan is defined as a health plan with:

Minimum Annual Deductibles of:

Self Only Coverage: $1,350 – no change from 2018
Family Coverage: $2,700 – no change from 2018

Maximum Annual Out-of-Pocket Expenses of:

Self-Only Coverage: $6,750 – up from $6,650 in 2018
Family Coverage: $13,500 – up from $13,300 in 2018

For more information on HSAs, see the Employers and HSAs reference material on Compliancedashboard.

 

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