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The IRS released Revenue Procedure 2020-32 which provides the 2021 inflation-adjusted amounts for high deductible health plans (HPHPs) Health Savings Accounts.
The amounts for HSAs for 2021 as compared to 2020 are as follows:
| |
2020 |
2021 |
| Annual Contribution Maximum – Self-Only |
$3,550 |
$3,600 |
| Annual Contribution Maximum– Family |
$7,100 |
$7,200 |
HDHP – self-only coverage
- Minimum Deductible:
- Maximum Out-Of-Pocket:
|
$1,400 |
$1,400* |
$6,900 |
$7,000 |
HDHP – family coverage
- Minimum Deductible:
- Maximum Out-Of-Pocket:
|
$2,800 |
$2,800* |
$13,800 |
$14,000 |
*No change in 2021
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