Page History
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| IRS HSA Contribution Limits | 2020 2021 Limit | 2019 Limit | 2018 2020 Limit |
|---|---|---|---|
| Employee Only | $3550 | $3,500600 | $3,450550 |
| Employee + Spouse, Employee + Child(ren), Family | $7100 | $7,000200 | $6$7,900100 |
HSA *Catch-up Contribution - ALL plans *available in excess of the employee deferral limit, for people age 55 and older $1000 | $1,000 | $1,000 |
| Info | ||
|---|---|---|
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HSA enrollees who are age 55 or older can contribute an extra $1,000 "catch-up contribution" annually to their HSAs. The catch-up contribution can be made during the year (prior to their birthday) by account holders who will turn 55 by year-end. |
The IRS publishes an annual annual HSA contribution maximum each maximum each year. Although the amounts the IRS publishes are annual amounts, the amount an employee can contribute into the HSA tax-free is based on a pro-rated, per month calculation. An employee is eligible for 1/12th of the annual maximum contribution for every month during the calendar year in which they were covered by medical insurance.
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