05/27/20
IRS Releases 2021 HSA Contribution Limits
The IRS recently released the inflation adjusted amounts for 2021 relevant to Health Savings Accounts (HSAs) and high deductible health plans (HDHPs) via Revenue Procedure 2020-32.
The below table summarizes these adjustments and compares the applicable dollar limits for HSAs and HDHPs for 2020 vs. 2021.
As always, please do not hesitate to reach out to our Group Benefits team with any questions or concerns.