2019 HSA Limits Released

How much money can you put away tax free next year?

On Thursday, May 10, the Internal Revenue Service (IRS) published Revenue Procedure 2018-30 which includes inflation adjustments to qualified high deductible health plans (HDHPs) and Health Savings Account (HSA) contribution limits. A summary of the adjustments has been provided below:

It should be noted that the maximum out-of-pocket limits for a HDHP asociated with an HSA are different than the maximum out-of-pocket limits allowed under the Affordable Care Act (ACA). Additionally, the adjustments to the 2019 HSA contribution limits are final and are not expected to change. 

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