HSA Requirements and Limits for 2020
May 30, 2019
The IRS released the 2020 health savings account (HSA) annual contribution limits and high deductible health plan (HDHP) requirements in IRS Rev. Proc. 2019-25. The updated annual dollar amounts are set forth below.
2020 HSA Annual HSA Contribution Limits*
- Self-only (single) HDHP coverage = $3,550 ($3,500 in 2019)
- Other than self-only (family) HDHP coverage = $7,100 ($7,000 in 2019)
*Catch-up contributions — HSA-eligible individuals who have reached age 55 by the end of the taxable year can make an extra annual $1,000 catch-up contribution.
2020 Qualifying HDHP Coverage
- Minimum Deductible
- Self-only (single) = $1,400 ($1,350 in 2019)
- Other than self-only (family) = $2,800 ($2,700 in 2019)
- OOP Maximum
- Self-only (single) = $6,900 ($6,750 in 2019)
- Other than self-only (family) = $13,800 ($13,500 in 2019)
For more information about requirements for HSA-eligibility, contributions and reimbursements, see our HSA Guide.
For help calculating HSA annual contribution limits, here are links to 2019 and 2020 spreadsheets:
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