2021 HSA Limits Are Announced

Ruder Ware

In a bit of a respite from COVID-19, today the IRS announced the Health Savings Account limits for 2021.  With respect to contribution limits, the limits are slightly higher than the ones for 2020.  As a reminder, these inflation adjusted amounts are effective for calendar year 2021.

HSA/HDHP Requirement Cost-of-Living Adjustments
Limit on HSA Contributions – Self-only HDHP 2020 – $3,550

2021 – $3,600

Limit on HSA Contributions – Family HDHP 2020 – $7,100

2021 – $7,200

HDHP Required Deductible – Self-only HDHP 2020 – $1,400

2021 – $1,400

HDHP Required Deductible – Family HDHP 2020 – $2,800

2021 – $2,800

HDHP Out-of-pocket Maximum – Self-only HDHP 2020 – $6,900

2021 – $7,000

HDHP Out-of-pocket Maximum – Family HDHP 2020 – $13,800

2021 – $14,000

HSA Catch-up Contribution Limit 2020 – $1,000

2021 – $1,000

All of the above are for calendar year 2021.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Ruder Ware | Attorney Advertising

Written by:

Ruder Ware

Ruder Ware on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide

This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.