IRS announces 2020 HSA limits
On May 21, 2019, the IRS issued Rev. Proc. 2019-25 announcing the annual inflation-adjusted health savings account and related contribution limits for calendar year 2020.
HSA Limits |
Self-Only Coverage |
Family Coverage |
Annual contribution limit |
2018: $3,450 |
2018: $6,900 |
Catch-up contribution (age 55 and older) |
$1,000 |
|
HDHP minimum deductible requirements |
2018: $1,350 |
2018: $2,700 |
HDHP out-of-pocket maximum |
2018: $6,650 |
2018: $13,300 |
Health FSA limit on pre-tax contributions |
$2,650 |
|
Dependent care FSA tax exclusion |
$2,500 |
$5,000 |
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