As open enrollment approaches, Advantage Administrators wants to remind you of the 2015 Health Savings Account Limits.
In Revenue Procedure 2014-30, issued April 24, 2014, the IRS provided the inflation-adjusted HSA contribution and HDHP minimum deductible and out-of-pocket limits, effective for calendar year 2015. The higher rates reflect a cost-of-living adjustment and rounding rules under Internal Revenue Code Section 223.
|HSA contribution limit (employer plus employee)||Individual: $3,350Family: $6,650|
|HSA catch up contribution (age 55 or older)||$1,000|
|HDHP minimum deductibles||Individual: $1,300Family: $2,600|
|HDHP maximum out of pocket amounts||Individual: $6,450Family: $12,900|