Health Savings Account Contribution Limits to Increase for 2019

The health savings account (HSA) contribution limits for 2019 are increasing. The IRS issued Revenue Procedure 2018-30 announcing the HSA inflation-adjusted limitations for calendar year 2019.

The maximum HSA contribution limit for those with self-only insurance coverage will rise to $3,500 for 2019, and for individuals with family coverage will rise to $7,000. The additional catch-up limit for individuals who turn age 55 or older in the calendar year is not subject to inflationary adjustments, so remains at $1,000.

A health plan is an HSA-compatible high deductible health plan (HDHP) if it satisfies both an annual deductible and an out-of-pocket expense requirement. The maximum annual out-of-pocket amounts for HSA-compatible HDHPs for self-only coverage will rise to $6,750 for 2019 and to $13,500 for family coverage. The minimum deductible amounts for qualifying HDHPs for 2019 will remain at the 2018 limits of $1,350 for self-only coverage and $2,700 for family coverage.

Here’s a comparison of the 2018 and 2019 HSA limitations.

HSA Limitations 2018 2019
Contribution limit for self-only coverage $3,450* $3,500*
Contribution limit for family coverage $6,900* $7,000*
HDHP maximum out-of-pocket limit for self-only coverage $6,650 $6,750
HDHP maximum out-of-pocket limit for family coverage $13,300 $13,500
HDHP minimum deductible amount for self-only coverage $1,350 $1,350
HDHP minimum deductible amount for family coverage $2,700 $2,700
*Plus $1,000 maximum catch-up amount for individuals turning age 55 or older