HSA limits slightly increased
The IRS has released the new Health Savings Accounts contribution limits and maximum out-of-pocket figures for 2019.
Next year, contribution limits for individuals rise to $3,500, from $3,450 in 2018. For families, limits rise to $7,000, from 2017’s $6,900.
Maximum out-of-pocket figures also rose—for individuals, the max out-of-pocket is $6,750, up from $6,650 in 2018, and for families, max out-of-pocket is $13,500, from $13,300 in 2018.
Brokers play a key role in supporting successful HSA-eligible plan strategies. Here are three things to know about HSAs in 2019.