When it comes to navigating the world of employee benefits, there’s a lot to take in, especially if you’re a first timer. Among the suite of benefits you’re likely to be offered, voluntary benefits are often misunderstood. What are Some Examples of Voluntary Benefits? Voluntary benefits include a variety of options, all designed to...
2021 HSA Contribution Limits
On May 21, 2020 the IRS announced new HSA contribution limits.
In 2021, the self-only contribution limit will rise from $3,550 in 2020 to $3,600. The family contribution limit will rise from $7,100 in 2020 to $7,200.
The IRS also announced 2021 high-deductible health plan amounts and expense limits:
If you have questions or need more information, please contact your Advantage Administrators representative.