IRS Released 2015 HSA Limits

As you may have experienced over the last year, everything seems to be a little more expensive than the year before. Our friends at the IRS have taken notice and released the 2015 Health Savings Accounts (HSAs) amounts, adjusted for inflation. The annual contribution limits, deductible limits, and out-of-pocket maximums have all been increased for 2015.

2015 Annual Contribution  Limit: 
Single coverage: $3,350 (up from $3,300 in 2014)
Family coverage: $6,650 (up from $6,550 in 2014)

2015 Minimum Deductible for HDHP:

Single coverage: $1,300 (up from $1,250 in 2014)

Family coverage: $2,600 (up from $2,500 in 2014)

2015 Maximum Out-of-pocket:

Single coverage: $6,450 (up from $6,350 in 2014)

Family coverage: $12,900 (up from $12,700 in 2014)

For more detailed information, you can review the updated Revenue Procedure communication directly from the IRS website. Contact us if you have any questions about HSAs.  

The Author: Roger Jorgensen, RHU, REBC

Marketing - HSA/HRA/FSA & COBRA

abgncs.com/HSAFSAHRA

rjorgensen@abg-mn.com