Stay connected
Subscribe to our Inside WEX blog and follow us on social media for the insider view on everything WEX, from payments innovation to what it means to be a WEXer.
"*" indicates required fields
The IRS has announced 2019 HSA contribution limits as part of the release of Revenue Procedure 2018-30. The limits are:
HSA | 2018 | 2019 |
Self-only HSA contribution limit | $3,450 | $3,500 |
Family HSA contribution limit | $6,900 | $7,000 |
2019 HSA contribution limits will increase to $3,500 for single (an increase of $50) and $7,000 for family (an increase of $100). As a reminder, the 2018 family HSA contribution limit also recently increased to $6,900 with the update released by the IRS on April 26, 2018.
2019 High-Deductible Health Plan (HDHP) deductible amounts and out-of-pocket expense limits were also announced:
HDHP (self-only coverage) | 2018 | 2019 |
Annual deductible not less than: | $1,350 | Â Â Â Â Â $1,350 |
Annual out-of-pocket expenses don’t exceed: | $6,650 | $6,750 |
HDHP (family coverage) | 2018 | 2019 |
Annual deductible not less than: | $2,700 | $2,700 |
Annual out-of-pocket expenses don’t exceed: | $13,300 | $13,500 |
For your employees to be eligible to participate in an HSA, they must be enrolled in an HDHP.
Are you interested in learning more about HSAs? Subscribe to our blog by completing the form on the right side.
Subscribe to our Inside WEX blog and follow us on social media for the insider view on everything WEX, from payments innovation to what it means to be a WEXer.
"*" indicates required fields