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The IRS announced in Revenue Procedure 2014-30 issued April 24, 2014, the inflation-adjusted HSA contribution and HDHP minimum deductible and out-of-pocket limits, effective for calendar year 2015. The higher rates reflect a cost-of-living adjustment and rounding rules under Internal Revenue Code Section 223.

  • Health Savings Accounts (HSA) Contribution Limit for employer and employee contributions is $3,350 for individual and $6,650 for family.
  • Health Savings Accounts (HSA) Catch-Up Contribution Maximum for individuals age 55 and older is $1,000.
  • High Deductible Health Plan (HDHP) Minimum Deductible is a health plan that has an annual deductible that is not less than $1,300 for employee-only coverage and $2,600 for family coverage.
  • HSA-Qualified HDHP Out-of-Pocket Maximum under which the annual out-of-pocket expenses required to be paid (other than for premiums) for covered benefits do not exceed $6,450 for self-only coverage and $12,900 for family coverage.

Starting in 2015 out-of-pocket limits for HDHPs under the Affordable Care Act (ACA) will be slightly higher than the IRS’s limits on HSA-qualified HDHPs. But the IRS limits are what determines if an HDHP is HSA compliant.

  • PPACA HDHP Out-of-Pocket Maximum under which the annual out-of-pocket expenses required to be paid (other than for premiums) for covered benefits do not exceed $6,600 for employee-only coverage and $13,200 for family coverage.

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