The IRS has released the 2020 HSA maximum contribution limits. See below for changes from 2019 to 2020:
2020 CONTRIBUTION & OUT-OF-POCKET LIMITS FOR HEALTH SAVINGS ACCOUNTS (HSA) AND HIGH-DEDUCTIBLE HEALTH PLANS (HDHP)
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2019
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2020
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HSA contribution limit (employer + employee)
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Self-only: $3,500
Family: $7,000
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Self-only: $3,550
Family: $7,100
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HDHP minimum deductibles
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Self-only: $1,350
Family: $2,700
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Self-only: $1,400
Family: $2,800
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HDHP maximum out-of-pocket amounts (deductibles, co-payments and other amounts, but not premiums)
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Self-only: $6,750
Family: $13,500
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Self-only: $6,900
Family: $13,800
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Learn more about Health Savings Accounts (HSAs) by clicking here.
Click here for the IRS Release.
If you have any questions, contact Surency at 800-264-9462.
