On May 4, 2015, the IRS released the inflation-adjusted limits for health savings accounts (HSAs) for calendar year 2016. These limits include the maximum HSA contribution limit, the minimum deductible amount for HDHPs and the maximum out-of-pocket expense limit for HDHPs. This one-page Legislative Brief includes a chart that compares the HSA limits for 2015 and 2016 and highlights which limits will increase for 2016.
View the details HERE: IRS Releases HSA Limits for 2016
For more information, contact your Taylor Insurance Services agent. Don’t have a Taylor Agent yet? We’d love to get you connected. Call (229) 247-6411.