IRS Established 2020 HSA Guidelines

Below is an overview of the IRS inflation adjusted HSA dollar limits for calendar year 2020 as published in Revenue Procedure 2019-25

HSA Contribution Limits for 2020 Increase $50 for Self-Only Coverage and $100 for Family Coverage:

  • Self-Only Coverage: $3,550 (increased from $3,500 in 2019)
  • Family Coverage: $7,100 (increased from $7,000 in 2019)
  • Catch Up Contributions (for individuals age 55+ until enrolled in Medicare): $1,000 (no change from 2019)

Minimum HSA Qualified Health Plan Deductibles for 2020:

  • Self-Only Coverage: $1,400 (increased from $1,350 in 2019)
  • Family Coverage: $2,800 (increased from $2,700 in 2019)

Maximum HSA Qualified Health Plan Out-of-Pocket Limits for 2020:

  • Self-Only Coverage: $6,900 (increased from $6,750 in 2019)
  • Family Coverage: $13,800 (increased from $13,500 in 2019)
  • Out-of-Pocket limits include deductibles, coinsurance and copayment amounts, and excludes premiums

For additional information see the RBG HSA Indexed Amounts 2018-2020 Chart

Contact your RBG Team for more information