On April 23, 2014, the Internal Revenue Service (IRS) issued Revenue Procedure 2014-30, which increases limits for health savings accounts (HSAs) effective for calendar year 2015.
2015 HSA Contribution Limits
|
|
HDHP Minimum Deductible |
HDHP |
HSA |
HSA 55+ additional contribution amount |
|
Single |
$1,300 |
$6,450 |
$3,350 |
$1,000 |
|
Family |
$2,600 |
$12,900 |
$6,650 |
$1,000 |
HSA contribution limits
For 2015, the annual HSA contribution limit for an individual with self-only coverage under an HDHP is $3,350 (up from $3,300 for 2014).
For 2015, the annual HSA contribution limit for an individual with family coverage under an HDHP is $6,650 (up from $6,550 for 2014).
HDHP Out-of-pocket expense limits
The maximum out-of-pocket expense (deductibles, copayments and other amounts, but not premiums) limit for self-only HDHP coverage for 2015 is $6,450, which is up from $6,350 for 2014.
For family HDHP coverage, the maximum out-of-pocket expense limit for 2015 is $12,900, which is up from $12,700 for 2014.
HDHP MINIMUM deductibles
For 2015, the deductibles under an HDHP must be at least $1,300 for self-only coverage (up from $1,250 for 2014) and $2,600 for family coverage (up from $2,500 for 2014).
Effective date
These new limits are effective for calendar year 2015.
more information
For a copy of IRS Revenue Procedure 2014-30, see www.irs.gov/pub/irs-drop/rp-14-30.pdf.
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