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IRS Announces 2019 Contribution Limits

The Internal Revenue Service has announced the 2020 HSA contribution limits.

2019 HSA Contribution Limits

Single: $3,500

Family: $7,000

Catch-up Contribution: $1,000

2020 HSA Contribution Limits

Single: $3,550

Family: $7,100

Catch-up Contribution: $1,000

HSA owners age 55 and older are also eligible for a $1,000 catch-up contribution. Contribution limits are effective for calendar years 2019 and 2020.

Author: Ginny Latham