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2020 Annual HSA Limits Announced

Jun 03, 2019

The IRS has released the 2020 annual HSA contribution limits. The table below shows the 2019 and 2020 amounts with the year-over-year changes.

HSA Contribution Limits 2019 2020 Change
Individual $3,500 $3,550 +$50
Family $7,000 $7,100 +$100

Additionally, the IRS increased the minimum annual deductibles and the maximum out-of-pocket maximum for high deductible health plans.

Self-only coverage 2019 2020 Change
Deductible $1,350 $1,400 +$50
Out-of-pocket maximum $6,750 $6,900 +$150

Family coverage 2019 2020 Change
Deductible $2,700 $2,800 +$100
Out-of-pocket maximum $13,500 $13,800 +$350

Click here to read the IRS announcement.

For questions, please contact a member of your B&P Sales Team – 888.722.3373.

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