2021 Hsa Contribution Limits For Family

The 2021 annual hsa contribution limit is 3 600 for individuals with self only hdhp coverage up from 3 550 in 2020 and 7 200 for individuals with family hdhp coverage up from 7 100 in 2020.

2021 hsa contribution limits for family. The triple tax advantage of hsas contributions to hsas are tax advantaged at three levels. What is the hsa contribution limit in 2021. Hsa limits 2021 summary.

For 2021 the annual limit on deductible contributions is 3 600 for individuals with self only coverage under an hdhp a 50 increase from 2020 and 7 200 for family coverage a 100 increase from 2020. The limits on annual deductibles are also subject to annual inflation adjustments. Applies to individuals who elect employee family coverage.

3 600 50 increase from 2020 family. The 2020 hsa contribution limit for an individual is 3 600. 2021 maximum hsa contributions 3 600 individual 7 200 family 1 000 catch up contributions 55 and older.

There are no specific limits defined for out of network costs and coverage. Additional contribution that can be made by workers age 55 1 000. The irs has released both the health savings account hsa limits and the flexible spending account fsa limits for 2021.

The contribution limit which is the total you can contribute in 2018 if you are under 55. Below are the limits for contributions deductibles and out of pocket maximums for hsas. The internal revenue service announced new higher contribution limits for health savings accounts for 2021 today.

Those 55 or older. These limits apply to the plan s in network costs. These were distributed in revenue procedures 2020 32 and 2020 45 respectively.