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Health Savings Account News

IRS Releases new 2020 HSA Limits 

On May 28, 2019, the IRS released the new 2020 HSA Limits for the upcoming year.  Click Here to learn more.  The following pages provide reference information for Health Savings Accounts and Health Reimbursement Arrrangements.  Each year the IRS issues new rules for HSA plans.  These changes include deductible limits for single and family coverage, out of pocket (OOP) maximums allowed and maximum contributions allowed to the HSA account.  They are reviewed by the IRS annually each year around May for the following calendar year.  In some years there are no changes because the indexed amounts did not increase beyond a threshold.. The following pages can provide more information for both 2020 HSA and 2019 HSA rules as well as historical charts for previous years.

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