In a bit of a respite from COVID-19, today the IRS announced the Health Savings Account limits for 2021. With respect to contribution limits, the limits are slightly higher than the ones for 2020. As a reminder, these inflation adjusted amounts are effective for calendar year 2021.
| HSA/HDHP Requirement |
Cost-of-Living Adjustments |
| Limit on HSA Contributions – Self-only HDHP |
2020 – $3,550
2021 – $3,600
|
| Limit on HSA Contributions – Family HDHP |
2020 – $7,100
2021 – $7,200
|
| HDHP Required Deductible – Self-only HDHP |
2020 – $1,400
2021 – $1,400
|
| HDHP Required Deductible – Family HDHP |
2020 – $2,800
2021 – $2,800
|
| HDHP Out-of-pocket Maximum – Self-only HDHP |
2020 – $6,900
2021 – $7,000
|
| HDHP Out-of-pocket Maximum – Family HDHP |
2020 – $13,800
2021 – $14,000
|
| HSA Catch-up Contribution Limit |
2020 – $1,000
2021 – $1,000
|
All of the above are for calendar year 2021.
