2016 HSA and HDHP Limits

The Internal Revenue Service annually reviews and sets the limits for health savings accounts (HSAs) and for high-deductible health plans (HDHPs), to which HSAs must be linked.  The amounts, effective for calendar year 2016, are as follows:

 2016 Limits for Health Savings Accounts and High-Deductible Health Plans
HDHP minimum deductible amounts Individual:  $1,300 Family:  $2,600
HDHP maximum out-of-pocket amounts Individual:  $6,550* Family:  $13,100*
HSA maximum contribution amounts Individual:  $3,350 Family:  $6,750*
HSA catch-up contributions (age 55 or older) $1,000

*denotes change from 2015

These limits were published in Revenue Procedure 2015-30 which can be found at http://www.irs.gov/pub/irs-drop/rp-15-30.pdf

For additional information, please contact your Lawley Employee Benefits Consultant. To view the pdf and download, click here.

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