What is the Max You Can Put in a HSA for a Family 2019?

If you have a Health Savings Account (HSA) for your family, you might be wondering about the maximum contribution limit for the year 2019. The maximum amount you can contribute to a HSA for a family in 2019 is $7,000. This contribution limit includes both your contributions and any contributions made by your employer.

Contributing to a HSA can have several benefits such as:

• Tax advantages: Contributions are tax-deductible or made on a pre-tax basis.
• Health care expenses: You can use the funds for qualified medical expenses.
• Savings: Any unused funds roll over year after year.

It's important to note that if you are 55 or older, you can make an additional catch-up contribution of $1,000, bringing your total contribution limit to $8,000 for 2019.

If you're planning to maximize your Health Savings Account (HSA) contributions for your family in 2019, remember that the limit is set at $7,000. This total includes contributions from both you and your employer, which means you can boost your savings significantly.