Higher Limits for HSA Contributions and Deductibles in 2015
Whether you have an established high-deductible health plan (HDHP) at your organization – or such a move is under consideration, it is important to note that the Internal Revenue Service has announced higher limits on contributions to health savings accounts (HSAs) and for out-of-pocket spending under linked high-deductible health plans (HDHPs) starting in 2015.
| 2014 | 2015 | |
|---|---|---|
| HSA contribution limit (employer AND employee) | Individual: $3,300 Family: $6,550 | Individual: $3,350 Family: $6,650 |
| HSA catch-up contributions (age 55 or older) Catch-up contributions can be made any time during the year in which the HSA participant turns 55. | $1,000 | $1,000 (no change) |
| HDHP minimum deductibles | Individual: $1,250 Family: $2,500 | Individual: $1,300 Family: $2,600 |
| HDHP maximum out-of-pocket amounts (deductibles, co-payments and other amounts, excluding premiums) | Individual: $6,350 Family: $12,700 | Individual: $6,450 Family: $12,900 |
