What are the 2018 HSA IRS limits?
|
Single |
Family |
| Minimum Deductible |
$1,350 |
$2,700 |
| Maximum Out-of-Pocket |
$6,650 |
$13,300 |
| Contribution Limit |
$3,450 |
$6,900 |
| Catch-up Contribution (55 or Older) |
$1,000 |
$1,000 |
What are the 2019 HSA IRS limits?
|
Single |
Family |
| Minimum Deductible |
$1,350 |
$2,700 |
| Maximum Out-of-Pocket |
$6,650 |
$13,300 |
| Contribution Limit |
$3,500 |
$7,000 |
| Catch-up Contribution (55 or Older) |
$1,000 |
$1,000 |
How will this help me?
- You can continue to make 2018 contributions until the tax deadline. You can also make max contributions now for 2019.
- Your current health plan’s minimum deductible and maximum out of pocket will let you know if your health plan qualifies for an HSA.
- Your contribution limit will let you know how much income you can squirrel-away tax-free.
- If you are 55+, a catch-up contribution lets to sock-away even more dough.
Questions?
Call or visit your local Financial Center today! For additional information, call 800.436.6300.
