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 [...]Continue Reading →
Posts Tagged 'HSA Contribution Limits'
Update: On March 24, 2017, House Republican leaders withdrew the legislation this is discussed in this article before it could be voted on. On March 6, 2017, Republican leadership in the U.S. House of Representatives issued two bills that are collectively known as the American Health Care Act. The purpose of the Act is to [...]Continue Reading →
The IRS has announced the 2017 annual contribution amounts for Health Savings Accounts (HSAs). Individuals: In 2017, the maximum annual contribution will be $3,400 Families: In 2017, the maximum annual contribution will be $6,750 This represents a $50 increase for individuals over the 2016 contribution limit. However, the limit for families is not being changed. [...]Continue Reading →