New Thresholds For Health Savings Accounts for 2021

The annual ceilings on deductible payments to HSAs are slated to go up in 2021 to $3,600 for account owners with self-only coverage and to $7,200 for those with family coverage. People born before 1967 can put in an additional $1,000.

The limits on out-of-pocket costs, such as deductibles and copayments, will increase to $7,000 for individuals coverage and to $14,000 for family health plans. Minimum policy deductibles will remain $1,400 for individuals and $2,800 for families.

May 2020
The Kiplinger