On May 28, 2019, the IRS released the following 2020 limits for High Deductible Health Plans (HDHPs) and Health Savings Accounts (HSAs):
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IRS Announces 2020 HDHP and HSA Limits On May 28, 2019, the IRS released the following 2020 limits for High Deductible Health Plans (HDHPs) and Health Savings Accounts (HSAs): |
| 2020 HSA Contribution Limits: Self-Only: $3,550 Family: $7,100 |
| 2020 HDHP Minimum Deductible: Self-Only: $1,400 Family: $2,800 |
| 2020 HDHP Maximum Out-of-Pocket Expenses: Self-Only: $6,900 Family: $13,800 |
Monty Dise, President
Asset Protection Group, Inc.
mdise@apgroupinc.com
804-423-7700
Independent Insurance Agents of Virginia