2014 Health Savings Account Cost of Living Adjustments

By
May 2, 2013

The Internal Revenue Service today announced the cost-of-living adjustments for the HSA contribution limits and for High Deductible Health Plan (HDHP) deductibles and out-of-pocket maximums for 2014.

HSA/HDHP Requirement  Cost-of-Living Adjustments
Limit on HSA Contributions – Self-only HDHP 2013 – $3,250

2014 – $3,300

Limit on HSA Contributions – Family HDHP 2013 – $6,450

2014 – $6,550

HDHP Required Deductible – Self-only HDHP 2013 – $1,250

2014 – $1,250

HDHP Required Deductible – Family HDHP 2013 – $2,500

2014 – $2,500

HDHP Out-of-pocket Maximum – Self-only HDHP 2013 – $6,250

2014 – $6,350

HDHP Out-of-pocket Maximum – Family HDHP 2013 – $12,500

2014 – $12,700

HSA Catch-up Contribution Limit 2013 – $1,000

2014 – $1,000

All of the above are for calendar year 2014.

For further information, please contact Mary Ellen Schill, the author of this article, or any of the attorneys in the Employment & Benefits Practice Group, or the Business Transactions Practice Group of Ruder Ware.

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