Volume 41 | Issue 37
Download this FYI as a printable PDF
The IRS has released the health savings account and high-deductible health plan limits for 2019. The 2019 HSA annual contribution limits and the HDHP out-of-pocket amounts for self-only and family coverage all increased over the 2018 limits.
Background
In Revenue Procedure 2018-30, the IRS issued calendar year 2019 inflation-adjusted contribution limits for health savings accounts (HSAs) along with minimum deductible and maximum out-of-pocket (OOP) limits for high-deductible health plans (HDHPs). The limits are determined under Code section 223’s cost-of-living adjustment and rounding rules.
The following table sets out the limits for 2019 as compared to 2018, and includes the catch-up contribution limit, which is prescribed by statute and not indexed for inflation.
| 2019 | 2018 | Change | |
| HSA Statutory Contribution Amount | |||
| Self-only | $ 3,500 | $ 3,450 | $ +50 |
| Family | 7,000 | 6,900* | +100 |
| Catch-up Contribution (age 55 or older) | $ 1,000 | $ 1,000 | No change |
| HDHP Minimum Deductible Amount | |||
| Self-only | $ 1,350 | $ 1,350 | No change |
| Family | 2,700 | 2,700 | No change |
| HDHP Maximum Out-of-Pocket Amount | |||
| Self-only | $ 6,750 | $ 6,650 | $ +100 |
| Family | 13,500 | 13,300 | +200 |
* See our April 30, 2018 For Your Information on the reinstatement of the $6,900 maximum.