IRS posts HSA limits for 2015

Robbie MossBlog, Compliance / Regulations, Health Care

On April 23, 2014, the IRS announced the inflation-adjusted increases applicable to Health Savings Accounts (HSAs) and high-deductible health plans (HDHPs) for 2015 in Revenue Procedure 2014-30.

The limits effective for the calendar year 2015 are:

The maximum annual HSA contribution for self-only HDHP coverage will increase from $3,300 to $3,350. The maximum annual HSA contribution for family HDHP coverage will increase from $6,550 to $6,650.

  • The age 55 catch-up contribution continues to be $1,000
  • The minimum HDHP deductible limit changes:
    • Self-only coverage increased from $1,250 to $1,300
    • Family coverage increased from $2,500 to $2,600

The annual maximum for HDHP out-of-pocket expenses (deductibles, co-payments and other amounts but not premiums) will increase from $6,350 to $6,450 for self-only and for family coverage from $12,700 to $12,900.