For 2019, the annual limit on deductible contributions to a health savings account will jump by $50 for individuals and $100 for families, the IRS announced late last week.
For 2019, the annual limit on deductible contributions will be $3,500 for individuals with self-only coverage, a $50 increase from 2018, and $7,000 for family coverage, a $100 increase from 2018.
Meanwhile, the minimum deductible for a qualifying high-deductible health plan remains unchanged for 2019: $1,350 for individual coverage and $2,700 for family coverage.
As always, please contact the team at Sterling if you have questions or need help.
