New: IRS Announces HSA and HDHP Contribution Limits for 2020

Earlier today, the Internal Revenue Service issued a bulletin that included an update that all health savings account (HSA) holders and administrators will find relevant: The annual contribution limits will increase slightly in calendar year 2020, reflecting an adjustment for inflation.   For 2020, the annual limit on HSA contributions is $3,550 for individuals with … Continue reading New: IRS Announces HSA and HDHP Contribution Limits for 2020