2014 Health Savings Account Cost of Living Adjustments
By Mary Ellen Schill
May 2, 2013
The Internal Revenue Service today announced the cost-of-living adjustments for the HSA contribution limits and for High Deductible Health Plan (HDHP) deductibles and out-of-pocket maximums for 2014.
HSA/HDHP Requirement | Cost-of-Living Adjustments |
Limit on HSA Contributions – Self-only HDHP | 2013 – $3,250
2014 – $3,300 |
Limit on HSA Contributions – Family HDHP | 2013 – $6,450
2014 – $6,550 |
HDHP Required Deductible – Self-only HDHP | 2013 – $1,250
2014 – $1,250 |
HDHP Required Deductible – Family HDHP | 2013 – $2,500
2014 – $2,500 |
HDHP Out-of-pocket Maximum – Self-only HDHP | 2013 – $6,250
2014 – $6,350 |
HDHP Out-of-pocket Maximum – Family HDHP | 2013 – $12,500
2014 – $12,700 |
HSA Catch-up Contribution Limit | 2013 – $1,000
2014 – $1,000 |
All of the above are for calendar year 2014.
For further information, please contact Mary Ellen Schill, the author of this article, or any of the attorneys in the Employment & Benefits Practice Group, or the Business Transactions Practice Group of Ruder Ware.
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