2016 HSA Contribution & Coverage Limits Announced

Written by benefitexpress | May 7, 2015

The IRS has just issued Revenue Procedure 2015-30, which provides the 2016 cost-of-living contribution and coverage adjustments for HSAs, as required under Code Section 223(g). The family annual contribution limits and the annual out-of-pocket limits have all been increased for 2016.

Annual HSA Contribution Limits

2015

2016

Coverage Levels

$3,350

$3,350

Individual

$6,650

$6,750

Family

$1,000

$1,000

Catch-up

Annual Maximum Out-Of-Pocket Limits for HDHP

2015

2016

Coverage Levels

$6,450

$6,550

Individual

$12,900

$13,100

Family

Annual Minimum Deductible Amount Limits for HDHPs

2015

2016

Coverage Levels

$1,300

$1,300

Individual

$2,600

$2,600

Family

Topics: Legislative Update, Health & Wellness