IRS Releases Adjustments and Maximum HSA Contribution 2019

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
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
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*
Catch up $1,000 $1,000

* 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!