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IRS announces 2020 HSA limits

Thursday, May 30, 2019

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 2019: $3,500 2020: $3,550	2018: $6,900 2019: $7,000 2020: $7,100
Catch-up contribution (age 55 and older)	$1,000 (2018-2020)
HDHP minimum deductible requirements	2018: $1,350 2019: $1,350 2020: $1,400	2018: $2,700 2019: $2,700 2020: $2,800
HDHP out-of-pocket maximum	2018: $6,650 2019: $6,750 2020: $6,900	2018: $13,300 2019: $13,500 2020: $13,800
Health FSA limit on pre-tax contributions	$2,650
Dependent care FSA tax exclusion	$2,500 married filing separately	$5,000 married filing jointly

This is for informational purposes only. It is not intended to be legal advice and does not create or imply an attorney-client relationship.

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