IRS SETS 2021 HDHP /HSA Limits
2021 HSA Maximum Contribution
For calendar year 2021, the maximum HSA contribution is $3,600.00 for a person enrolled as single and $7,200.00 for a person enrolled as family.
**Catch-up contributions of $1,000 can be made during the year by HSA-eligible participants who will turn 55 by year-end.
What is a High Deductible Health Plan (HDHP)?
For calendar year 2021, a “high deductible health plan” is defined as a health plan with an annual deductible that is not less than $1,400 for self-only coverage or $2,800 for family coverage.
The maximum annual out-of-pocket expenses for 2020 plans (deductibles, co-payments, and co-insurance, but not premiums) do not exceed $7,000.00 for self-only coverage or $14,000.00 for family coverage.