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Fact Based List:
IRS 2021 Adjusted Limits for Health Savings Accounts
Submitted By gmccalister, Created 10/30/2020 - 09:43
- Annual Contribution Limit: Single Coverage: $3,600; Family Coverage: $7,200
- HDHP-Minimum Deductible: Single Coverage: $1,400; Family Coverage: $2,800
- HDHP-Maximum Annual Out-of-Pocket Expenses: Single Coverage: $7,000; Family Coverage: $14,000
- The catch-up contribution for eligible individuals age 55 or older by year end remains at $1,000
Source: JD Supra
Source URL: https://www.jdsupra.com/legalnews/irs-announces-2021-increas...