On May 10, 2018, the IRS announced the contribution limits for health savings accounts (HSAs) for 2019. In addition, as part of Revenue Procedure 2018-30, the IRS also announced the deductible limits and out-of-pocket maximum limits for high deductible health plans (HDHPs) for 2019. Below is a brief overview of the new limits:
I hope that you find this information helpful.
If you have any questions about what steps your company may need to take to comply with these new limits in 2019, please contact our team at 781-759-1222.