HSA Limits Announced for 2014
IRS has just issued Revenue Procedure 2013-25, which provides the 2014 cost-of-living contribution and coverage adjustments for HSAs, as required under Code Section 223(g). Most contribution limits and the out-of-pocket amounts have been increased for 2014. The deductible amount limits have not changed.
HSA Contribution Amounts
2013 2014 Coverage Levels
$3,250 $3,300 Individual
$6,450 $6,550 Family
$1,000 $1,000 Catch-up
Maximum Out-Of-Pocket Amounts for HDHP
2013 2014 Coverage Levels
$6,250 $6,350 Individual
$12,500 $12,700 Family
Minimum Deductible Amount Limits for HDHP
2013 2014 Coverage Levels
$1,250 $1,250 Individual
$2,500 $2,500 Family
Read the full Revenue Procedure 2013-25 (pdf).
Larry Grudzien has updated his HSA Guide.
You can access his guide at this link.
