2020 HSA limits Archives - Employee Benefits I AP Benefit Advisors

IRS Releases 2021 Limits for HSAs

On May 20, 2020, the IRS released Revenue Procedure 2020-32.  It provides the 2021 inflation-adjusted amounts for HSA-qualified high deductible health plans (HDHPs). The inflation-adjusted increases for 2021 are: HSA-Qualified HDHP Self Coverage: Annual deductible must be $1,400 or more in 2021 (up $50 from 2020), and annual out-of-pocket expenses cannot exceed $7,000 (up $100 […]

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2019 2nd Quarter Compliance Update

Topics include: Expanded HRA Options Form 5500 is Due by July 31 President Trump’s Latest Executive Order HDHP/HSA Limits Increase for 2020 New EEOC Wellness Rules Expected by December ACA Limits, Penalties and Fees And more! Read Now For more information, contact info@apbenefitadvisors.com. The information contained in this post, and any attachments, is not intended […]

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IRS Releases 2020 Limits for HSAs

On May 28, 2019, the IRS released Revenue Procedure 2019-25 It provides the 2020 inflation-adjusted amounts for HSA-qualified high deductible health plans (HDHPs). The inflation-adjusted increases for 2020 are: HSA-Qualified HDHP Self Coverage: Annual deductible must be $1,400 or more in 2020 (up $50 from 2019), and annual out-of-pocket expenses cannot exceed $6,900 (up $150 […]

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