Law & Order

IRS Adjusts Maximum Health Savings Account Contributions for 2015

By SEMA Washington, D.C., Staff

The Internal Revenue Service (IRS) adjusted for inflation the maximum contributions that can be made to health savings accounts (HSAs) in 2015. The maximum amount is $3,350 for employees with single coverage (up $50 from 2014) and $6,650 for family coverage (up $100 from 2014). The annual out-of-pocket expenses for 2015, including deductibles and co-payments, are $6,450 for single coverage (up $100 from 2014) and $12,900 for family coverage (up $200 from 2014). 

For more information, contact Stuart Gosswein at stuartg@sema.org.