2021 contribution limits for HSAs
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 |
