Health Care Corner: Tip by Monty Dise

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The IRS has established the 2019 Health Savings Account “HSA” contribution limits and they have been increased from 2018. The individual limit has increased to a total of $3,500 and the family limit has increased to a total of $7,000. The HSA catch-up contribution limit for people age 55 and older remains at $1,000. If your health insurance plan is a qualified High Deductible Health Plan “HDHP,” be certain to open up an HSA. Please contact me with any questions.

Monty Dise, President  Asset Protection Group, Inc.  mdise@apgroupinc.com  804-423-7700