What is the maximum limit of HSA contribution in 2019 by employer?

If you're looking to learn more about Health Savings Accounts (HSAs) and the contribution limits set by employers in 2019, you've come to the right place!

An HSA is a tax-advantaged savings account that allows individuals with high-deductible health plans (HDHPs) to save money for qualified medical expenses.

For the year 2019, the maximum limit of HSA contributions made by an employer is $3,500 for individuals and $7,000 for families.

Employers can contribute to their employees' HSAs, but the total contributions (employee + employer) should not exceed the limits set by the IRS.

It's important to note that these contribution limits are subject to change each year, so it's essential to stay updated with the latest information.

Understanding Health Savings Accounts (HSAs) can empower you to take control of your healthcare expenses. Did you know that in 2019, employers could contribute up to $3,500 for individuals and $7,000 for families to their employees' HSAs? This makes HSAs a valuable tool for managing costs related to high-deductible health plans (HDHPs).