What is the maximum HSA contribution for 2015?
The maximum annual HSA contribution based on your HDHP coverage (self-only or family) on the first day of the last month of your tax year. If you had family HDHP coverage on the first day of the last month of your tax year, your contribu- tion limit for 2015 is $6,650 even if you changed coverage during the year.
What was the HSA limit for 2016?
IRS Issues 2016 HSA Contribution Limits
Contribution and Out-of-Pocket Limits for Health Savings Accounts and High-Deductible Health Plans | ||
---|---|---|
For 2016 | For 2015 | |
HSA contribution limit (employer + employee) | Individual: $3,350 Family: $6,750 | Individual: $3,350 Family: $6,650 |
HSA catch-up contributions (age 55 or older)* | $1,000 | $1,000 |
What is the HSA IRS limit?
The annual limit on HSA contributions will be $3,600 for self-only and $7,200 for family coverage.
What is the IRS HSA limit for 2020?
Maximum contribution amounts for 2020 are $3,550 for self-only and $7,100 for families. The annual “catch- up” contribution amount for individuals age 55 or older will remain $1,000. Consumers can contribute up to the annual maximum amount as determined by the IRS.
What is the HSA contribution limit for 2021?
For 2021, if you have self-only HDHP coverage, you can contribute up to $3,600. If you have family HDHP coverage, you can contribute up to $7,200. For 2022, if you have self-only HDHP coverage, you can contribute up to $3,650. If you have family HDHP coverage, you can contribute up to $7,300.
What is the 2012 limit on contributions to an HSA for an individual?
$3,100
The annual HSA contribution limit in 2012 for individuals with self-only coverage is $3,100; for family coverage, it is $6,250. Individuals who are at least 55 years of age but not yet enrolled in Medicare may contribute an additional $1,000.
What is the 2018 HSA contribution limit?
HSAs have tax-free contribution limits that may vary by year and restrictions on eligibility; the 2018 HSA contribution limits have risen $50 for individuals and $150 for families in the past year. The 2018 HSA contribution limits is $3,450 for an individual and $6,900 for a family.
What are the 2022 HSA limits?
Health savings account contribution limits for 2022 are increasing $50 for self-only coverage–from $3,600 to $3,650. Those with family plans will be able to stash up to $7,300 in their health savings account in 2022–up from $7,200 in 2021.
What is the IRS HSA limit for 2022?
IRS Announces HSA Limits for 2022
HSA Limits | 2022 | 2021 |
---|---|---|
HSA Maximum Annual Contribution Limit (Self-only) | $3,650 | $3,600 |
HSA Maximum Annual Contribution Limit (Family) | $7,300 | $7,200 |
HSA Catch-up Contribution Limits (over age 55) | $1,000 | $1,000 |
High Deductible Health Plan (HDHP) Limits |
What is the IRS HSA limit for 2021?
Limit on Contributions For 2021, if you have self-only HDHP coverage, you can contribute up to $3,600. If you have family HDHP cover- age, you can contribute up to $7,200. For 2022, if you have self-only HDHP coverage, you can contribute up to $3,650. If you have fam- ily HDHP coverage, you can contribute up to $7,300.
How much can I contribute to my HSA the year I turn 65?
Excess Contributions The IRS annual contribution limits for HSAs for 2021 is $3,600 for individual coverage and $7,200 for family coverage. Individuals age 55+ can contribute an additional $1,000 per year as a “catch-up” contribution.