11/11/2013
The IRS has set the HSA contribution limits for 2014 as shown below:
The IRS has released the 2014 cost-of-living adjustments affecting HSAs. The HSA contribution limits and HDHP out-of-pocket maximums will increase slightly, while the HDHP minimum required deductibles remain unchanged. Here are the details:
- HSA Contribution Limits. The 2014 annual HSA contribution limit for individuals with self-only HDHP coverage is $3,300 (a $50 increase from 2013), and the limit for individuals with family HDHP coverage is $6,550 (a $100 increase from 2013).
- HDHP Minimum Required Deductibles. The 2014 minimum annual deductible for self-only HDHP coverage remains $1,250 and for family HDHP coverage remains $2,500.
- HDHP Out-of-Pocket Maximum. The 2014 maximum limit on out-of-pocket expenses (including items such as deductibles, co-payments, and co-insurance, but not premiums) for self-only HDHP coverage is $6,350 (a $100 increase from 2013), and the limit for family HDHP coverage is $12,700 (a $200 increase from 2013).
For the IRS full version of this Click Here
| |
HDHP Minimum Annual Deductible |
HDHP Out-of-Pocket Maximum |
HSA Maximum Contribution Limit |
HSA Catch-Up Contribution Limit |
| Self-only |
$1,250 |
$6,350 (up $100) |
$3,300 (up $50) |
$1,000 |
| Family |
$2,500 |
$12,700 (up $200) |
$6,550 (up $100) |
Published: November 11, 2013