How Much Can You Contribute to an HSA in 2019? - Exploring Health Savings Account Limits

Health Savings Accounts (HSAs) are a valuable tool for saving money on healthcare costs, but do you know how much you can contribute to an HSA in 2019? Let's dive into the specifics!

In 2019, the maximum contribution limit for an individual with self-only coverage is $3,500, and for those with family coverage, it's $7,000. Remember, these limits include both your contributions and any contributions made by your employer.

Additionally, if you're 55 or older, you can make an additional catch-up contribution of $1,000 per year. This means older individuals can contribute up to $4,500 for self-only coverage and $8,000 for family coverage in 2019.

Health Savings Accounts (HSAs) are an incredible resource for individuals looking to save on healthcare costs. If you're wondering about the contribution limits for HSAs in 2019, it's essential to understand how these limits work. For those with self-only coverage, the cap is set at $3,500, while families can contribute up to $7,000. Don’t forget, these totals encompass any contributions made by your employer, so every dollar counts!