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 |
Independent Insurance Agents of Virginia