2016 Health Savings Account Cost of Living Adjustments

By
May 4, 2015

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 2016.

HSA/HDHP Requirement  Cost-of-Living Adjustments
Limit on HSA Contributions – Self-only HDHP  2015 – $3,350

 2016 – $3,350

Limit on HSA Contributions – Family HDHP  2015 – $6,650

 2016 – $6,750

HDHP Required Deductible – Self-only HDHP  2015 – $1,300

 2016 – $1,300

HDHP Required Deductible – Family HDHP  2015 – $2,600

 2016 – $2,600

HDHP Out-of-pocket Maximum – Self-only HDHP  2015 – $6,450

 2016 – $6,550

HDHP Out-of-pocket Maximum – Family HDHP  2015 – $12,900

 2016 – $13,100

HSA Catch-up Contribution Limit  2015 – $1,000

 2016 – $1,000

All of the above are for calendar year 2016.

For further information, please contact Attorney Mary Ellen Schill, who prepared this article, or any of the attorneys within the Employment, Benefits & Labor Relations Practice Group of Ruder Ware.

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