Blue Alert – Health Savings Account Limits to Increase in 2015
Health Savings Account limits to increase in 2015
The Internal Revenue Service has released 2015 minimums and maximums for HSAs and related high-deductible health plans.
The limits are adjusted annually based on cost-of-living calculations. The 2015 limits will go into effect Jan. 1, 2015. Here is a comparison of the 2014 and 2015 limits.
| 2014 | 2015 | Change | |
| HSA Contribution Limit | Individual: $3,300 Family: $6,550 |
Individual: $3,350 Family: $6,650 |
Individual: +$50 Family: +$100 |
| Minimum HDHP Deductible | Individual: $1,250 Family: $2,500 |
Individual: $1,300 Family: $2,600 |
Individual: +$50 Family: +$100 |
| Maximum out-of-pocket amount (deductibles, copayments, not premiums) | Individual: $6,350 Family: $12,700 |
Individual: $6,450 Family: $12,900 |
Individual: +$100 Family: +$200 |
| Catch-up Contribution (age 55 and older) | $1,000 | $1,000 | No Change |
For More Information, visit: www.irs.gov/pub/irs-drop.rp-14-30.pdf
Questions? Contact your managing agent.
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