Thursday, June 20, 2024
HomeInsuranceHSA Contribution Limits 2019

HSA Contribution Limits 2019

 

HSA Contribution Limits 2019
Minimum
Deductible
Maximum
Out-of-Pocket
Contribution LimitCatch Up
Contribution*
Single$1,350$6,750$3,500$1,000
Family$2,700$13,500$7,000$1,000
*Catch up contributions for those who are 55 or older remains unchanged at $1,000 for 2019. If a spouse is also 55 or older, a second HSA may be established and a second catch up contribution limit of $1,000 may be made to that account when desired.

HSA Contribution Limits 2018
Minimum
Deductible
Maximum
Out-of-Pocket
Contribution LimitCatch Up
Contribution*
Single$1,350$6,650$3,450$1,000
Family$2,700$13,300$6,900$1,000
*Catch up contributions for those who are 55 or older remains unchanged at $1,000 for 2018. If a spouse is also 55 or older, a second HSA may be established and a second catch up contribution limit of $1,000 may be made to that account when desired.

HSA Contribution Limits 2017
Minimum
Deductible
Maximum
Out-of-Pocket
Contribution LimitCatch Up
Contribution*
Single$1,300$6,550$3,400$1,000
Family$2,600$13,100$6,550$1,000
*Catch up contributions for those who are 55 or older remains unchanged at $1,000 for 2018. If a spouse is also 55 or older, a second HSA may be established and a second catch up contribution limit of $1,000 may be made to that account when desired.

HSA Contribution Limits 2016
Minimum
Deductible
Maximum
Out-of-Pocket
Contribution LimitCatch Up
Contribution*
Single$1,300$6,550$3,350$1,000
Family$2,600$13,100$6,750$1,000
*Catch up contributions for those who are 55 or older remains unchanged at $1,000 for 2018. If a spouse is also 55 or older, a second HSA may be established and a second catch up contribution limit of $1,000 may be made to that account when desired.

HSA Contribution Limits 2015
Minimum
Deductible
Maximum
Out-of-Pocket
Contribution LimitCatch Up
Contribution*
Single$1,300$6,450$3,350$1,000
Family$2,600$12,900$6,650$1,000
*Catch up contributions for those who are 55 or older remains unchanged at $1,000 for 2018. If a spouse is also 55 or older, a second HSA may be established and a second catch up contribution limit of $1,000 may be made to that account when desired.

HSA Contribution Limits 2014
Minimum
Deductible
Maximum
Out-of-Pocket
Contribution LimitCatch Up
Contribution*
Single$1,250$6,350$3,300$1,000
Family$2,500$12,700$6,550$1,000
*Catch up contributions for those who are 55 or older remains unchanged at $1,000 for 2018. If a spouse is also 55 or older, a second HSA may be established and a second catch up contribution limit of $1,000 may be made to that account when desired.

HSA Contribution Limits 2013
Minimum
Deductible
Maximum
Out-of-Pocket
Contribution LimitCatch Up
Contribution*
Single$1,250$6,250$3,250$1,000
Family$2,500$12,500$6,450$1,000
*Catch up contributions for those who are 55 or older remains unchanged at $1,000 for 2018. If a spouse is also 55 or older, a second HSA may be established and a second catch up contribution limit of $1,000 may be made to that account when desired.

HSA Contribution Limits 2012
Minimum
Deductible
Maximum
Out-of-Pocket
Contribution LimitCatch Up
Contribution*
Single$1,200$6,050$3,100$1,000
Family$2,400$12,100$6,250$1,000
*Catch up contributions for those who are 55 or older remains unchanged at $1,000 for 2018. If a spouse is also 55 or older, a second HSA may be established and a second catch up contribution limit of $1,000 may be made to that account when desired.

HSA Contribution Limits 2011
Minimum
Deductible
Maximum
Out-of-Pocket
Contribution LimitCatch Up
Contribution*
Single$1,200$5,950$3,050$1,000
Family$2,400$11,900$6,150$1,000
*Catch up contributions for those who are 55 or older remains unchanged at $1,000 for 2018. If a spouse is also 55 or older, a second HSA may be established and a second catch up contribution limit of $1,000 may be made to that account when desired.

HSA Contribution Limits 2010
Minimum
Deductible
Maximum
Out-of-Pocket
Contribution LimitCatch Up
Contribution*
Single$1,200$5,950$3,050$1,000
Family$2,400$11,900$6,150$1,000
*Catch up contributions for those who are 55 or older remains unchanged at $1,000 for 2018. If a spouse is also 55 or older, a second HSA may be established and a second catch up contribution limit of $1,000 may be made to that account when desired.

HSA Contribution Limits 2009
Minimum
Deductible
Maximum
Out-of-Pocket
Contribution LimitCatch Up
Contribution*
Single$1,150$5,800$3,000$1,000
Family$2,300$11,600$5,950$1,000
*Catch up contributions for those who are 55 or older remains unchanged at $1,000 for 2018. If a spouse is also 55 or older, a second HSA may be established and a second catch up contribution limit of $1,000 may be made to that account when desired.

HSA Contribution Limits 2008
Minimum
Deductible
Maximum
Out-of-Pocket
Contribution LimitCatch Up
Contribution*
Single$1,100$5,600$2,900$900
Family$2,200$11,200$5,800$900
*Catch up contributions for those who are 55 or older remains unchanged at $1,000 for 2018. If a spouse is also 55 or older, a second HSA may be established and a second catch up contribution limit of $1,000 may be made to that account when desired.

HSA Contribution Limits 2007
Minimum
Deductible
Maximum
Out-of-Pocket
Contribution LimitCatch Up
Contribution*
Single$1,100$5,500$2,850$800
Family$2,200$11,000$5,650$800
*Catch up contributions for those who are 55 or older remains unchanged at $1,000 for 2018. If a spouse is also 55 or older, a second HSA may be established and a second catch up contribution limit of $1,000 may be made to that account when desired.

HSA Contribution Limits 2006
Minimum
Deductible
Maximum
Out-of-Pocket
Contribution LimitCatch Up
Contribution*
Single$1,050$5,250$2,700$700
Family$2,100$10,500$5,450$700
*Catch up contributions for those who are 55 or older remains unchanged at $1,000 for 2018. If a spouse is also 55 or older, a second HSA may be established and a second catch up contribution limit of $1,000 may be made to that account when desired.

HSA Contribution Limits 2005
Minimum
Deductible
Maximum
Out-of-Pocket
Contribution LimitCatch Up
Contribution*
Single$1,000$5,100$2,650$600
Family$2,000$10,200$5,250$600
*Catch up contributions for those who are 55 or older remains unchanged at $1,000 for 2018. If a spouse is also 55 or older, a second HSA may be established and a second catch up contribution limit of $1,000 may be made to that account when desired.

*The information presented hereon is provided for informational purposes only and should not be interpreted as tax or legal advice. The information presented here has been obtained from publicly available sources and is believed to be accurate and current. You may attain more detailed Health Savings Account (HSA) information by visiting the U.S. Department of Treasury website at www.ustreas.gov. Always consult a qualified tax planning advisor.

Health Savings Account (HSA) Guidance

Your eligibility to contribute to a Health Savings Account (HSA) is determined by the effective date of your High Deductible Health Plan (HDHP) coverage. The law states that an individual or family must have a HDHP in force in order to be qualified for a HSA.

Individuals who are eligible on the first day of the last month of the taxable year (typically December for most taxpayers) are allowed the full annual contribution (plus catch up contribution, for those 55 or older by year end). This is regardless of the number of months that the individual was eligible in that year. For individuals that cease to be eligible during the following year, both the HSA contribution and catch up contribution will apply pro rata based on the number of full months of eligibility. The excess over the pro rated contribution is included in income and subject to a 10 percent additional tax.

When the HDHP fiscal year requirements are met on the first day of the first month of its fiscal year the deductible may be applied for that entire fiscal year.

The Money Alert
The Money Alert
From our archives. The Money Alert staff writers are made up of individuals with diverse financial backgrounds. Sharing their broad professional and personal finance experience in an informative uncomplicated way.
RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments