2020 HSA Contribution Limits are Announced
By Mary Ellen Schill
May 28, 2019
Today the IRS announced the HSA limits for calendar year 2020. Hard to believe we are already talking 2020, especially after a Memorial Day weekend in Wisconsin where the air conditioning and furnace were both needed. As you long for summer, look forward to slightly higher limits in 2020, as set forth in the chart below.
| HSA/HDHP Requirement | Cost-of-Living Adjustments |
| Limit on HSA Contributions – Self-only HDHP | 2019-$3,500
2020-$3,550 |
| Limit on HSA Contributions – Family HDHP | 2019-$7,000
2020-$7,100 |
| HDHP Required Deductible – Self-only HDHP | 2019-$1,350
2020-$1,400 |
| HDHP Required Deductible – Family HDHP | 2019-$2,700
2020-$2,800 |
| HDHP Out-of-pocket Maximum – Self-only HDHP | 2019-$6,750
2020-$6,900 |
| HDHP Out-of-pocket Maximum – Family HDHP | 2019-$13,500
2020-$13,800 |
| HSA Catch-up Contribution Limit | 2019-$1,000
2020-$1,000 |
All of the above are for calendar year 2020.
For further information, please contact Attorney Mary Ellen Schill, who prepared this article, or any of the attorneys within the Employment & Benefits Practice Group of Ruder Ware.
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