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

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2019 family HSA maximum contribution limit

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.

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.

HSA benefits and tax advantages

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.

55 or older catch-up contribution rules

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.