What is the HSA Max Contribution for 2019?

Health Savings Accounts (HSAs) are a great way to save for medical expenses while enjoying tax benefits. One common question many individuals have is, 'what is the HSA max contribution for 2019?'.

In 2019, the maximum contribution limits for HSAs are:

• $3,500 for individuals
• $7,000 for families
• For those aged 55 and older, there is an additional 'catch-up' contribution limit of $1,000 per year

It's important to note that these limits are subject to change from year to year, so it's essential to stay updated on the latest regulations.

Health Savings Accounts (HSAs) are an excellent way to save for medical expenses while taking advantage of various tax benefits. You may wonder, 'what is the HSA max contribution for 2019?'

In the year 2019, the contribution limits for HSAs are:

• $3,500 for individuals
• $7,000 for families
• For contributors who are 55 and older, there is a 'catch-up' contribution allowance of $1,000 annually

These limits can change yearly, so it's vital to remain informed about the current regulations to maximize your contributions effectively.