2021 HSA Limits Are Announced
By Mary Ellen Schill
May 20, 2020
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.
For further information, please contact Attorney Mary Ellen Schill, who prepared this article, or any of the attorneys within the Employment & Benefits group at Ruder Ware.
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