Health Savings Accounts (HSAs) Limits for 2016

IRS has released the following 2016 cost-of-living adjustments affecting HSAs and HDHPs

Type 2015 2016
Annual Contribution Individual Limit 3,350 3,350
Annual Contribution Family Limit 6,650 6,750
Annual Catch-Up Contribution Limit (Age 55 to 65) 1,000 1,000
Minimum Deductible for  Individual HDHP 1,300 1,300
Minimum Deductible for Family HDHP 2,600 2,600
Maximum Out-Of-Pocket for  Individual HDHP 6,450 6,550
Maximum Out-Of-Pocket for Family  HDHP 12,900 13,100

 

Refer to the IRS 2016 HSA Guidance document for more details.

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