2021 contribution limits for HSAs

June 02, 2020
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Here’s some news you can use: The Internal Revenue Service (IRS) has announced contribution limits for health savings accounts in 2021. We’ve put together an updated list of annual contribution limits for you to consider as you plan ahead for next year’s health expenses. Read on to review the new limits, and as always, feel free to contact us with any questions.

 

Health savings account (HSA)

  2020 2021
Self-Only Contribution Limit $3,550 $3,600
Family Contribution Limit $7,100 $7,200
HDHP – self-only coverage
Annual deductible not less than: $1,400 $1,400 (no change in 2021)
Annual out-of-pocket expenses do not exceed: $6,900  $7,000
HDHP – family coverage
Annual deductible not less than: $2,800 $2,800 (no change in 2021)
Annual out-of-pocket expenses do not exceed:  $13,800  $14,000