IRS announces 2016 HSA Contribution and Coverage Limits
The Internal Revenue Service has announced the annual contribution limits and High Deductible Health Plan (HDHP) definitions for 2016. You will notice the items remaining the same from 2015 to 2016 are the: Individual Contribution and 55 and over Catch-up amounts.
Annual HSA Contribution Amounts
|
2015 |
2016 |
Coverage Levels |
|
$3,350 |
$3,350 |
Individual |
|
$6,650 |
$6,750 |
Family |
|
$1,000 |
$1,000 |
55 and Over Catch-up |
