The IRS has just issued Revenue Procedure 2018-30, which provides the 2019 cost-of-living contribution and maximum HSA contribution 2019, as required under Code Section 223(g). Some items have increased for 2019.
|Health Savings Accounts||2019||2018|
|Self-only coverage annual minimum deductible||$1,350||$1,350|
|Self-only coverage maximum out of pocket||$6,750||$6,650|
|Self-only coverage maximum HSA contribution||$3,500||$3,450|
|Family coverage annual minimum deductible (Family coverage can include a spouse and any dependents)||$2,700||$2,700|
|Family coverage maximum out of pocket||$13,500||$13,300|
|Family coverage maximum HSA contribution||$7,000||$6,900*|
* On April 26, 2018, the IRS released Revenue Procedure 2018-27 which increases the maximum family annual HSA contribution limit back to $6,900.
The maximum HSA contribution 2019 changes are important to note for HSA administration. Request a proposal for BASIC HSA administration today!