New IRS Limits for 2016 HSA’s and HDHP’s

by | Jun 29, 2015 | Human Resources

Contribution and Out-of-Pocket Limits for Health Savings Accounts and High-Deductible Health Plans

 

For 2016

For 2015

Change

HSA contribution limit
(employer + employee)

Individual: $3,350

Family: $6,750

Individual: $3,350

Family: $6,650

Individual:
no change

Family:
+$100

HSA catch-up contributions
(age 55 or older)*

$1,000

$1,000

No change**

HDHP minimum deductibles

Individual: $1,300

Family: $2,600

Individual: $1,300

Family: $2,600

Individual:
no change

Family:
no change

HDHP maximum out-of-pocket amounts 
(deductibles, co-payments and other amounts, but not premiums)

Individual: $6,550

Family: $13,100

Individual: $6,450

Family: $12,900

Individual: +$100

Family:
+$200

* Catch-up contributions can be made any time during the year in which the HSA participant turns 55.

** Unlike other limits, the HSA catch-up contribution amount is not indexed; any increase would require statutory change.

Affordable Care Act Limits Differ

 

2016

2015

ACA out-of-pocket limits for HDHPs

Individual: $6,850

Family: $13,700

Individual: $6,600

Family: $13,200