What are 2019 HSA Limits? - A Comprehensive Guide for Health Savings Accounts

Check eligibility on the go — browse 7,000+ HSA-eligible products in the free app.

2019 HSA contribution limits and catch-up

If you are considering a health savings account (HSA) for 2019, it's important to be aware of the contribution limits and other details that come with it. HSAs are a great way to save for medical expenses while enjoying tax benefits, but understanding the limits can help you make the most out of your plan.

For 2019, the HSA contribution limits are as follows:

• Individuals: $3,500
• Family: $7,000

It's important to note that these limits include both your contributions and any employer contributions made on your behalf. If you are 55 or older, you may also be eligible for an additional catch-up contribution of $1,000.

2019 HDHP deductible and out-of-pocket caps

Other important details to know about 2019 HSA limits include:

• The minimum deductible for HSA-qualified high deductible health plans (HDHPs) in 2019 is $1,350 for individuals and $2,700 for families.
• The maximum out-of-pocket expenses, including deductibles and copayments, for HDHPs in 2019 are $6,750 for individuals and $13,500 for families.

Staying within 2019 HSA guidelines

By staying within these limits and guidelines, you can maximize the benefits of your HSA while also planning for your healthcare needs in the future. Remember to keep track of your contributions throughout the year to avoid any penalties or exceeding the limits.

When considering an HSA for 2019, remember that it's a tax-advantaged way to save for medical costs, which can be a significant burden. Understanding the contribution limits is crucial for making informed financial decisions.