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!
