Dec 092013

CHANGES TO HSA’S
By Gail Hiller-LeeGail Hiller-Lee

Changes to HSAs
There will be higher limits on contributions to HSAs and out-of-pocket spending under High-Deductible plans for 2014

HSA 2014 2013 – What Changed

HSA contribution limit

(employer + employee)
2014    Individual $3,300   Family $6,550
2013    Individual $3,250   Family $6,450
Individual + $50  Family + $100
HSA catch-up contributions
(age 55 or older)  $1,000 No change
HDHP minimum deductibles
2013   Individual $1,250      Family $2,500
2014   Individual $1,250      Family $2,500  No Change
HDHP maximum out-of Pocket, (incl. deductibles, co-pays, but not premiums)
2014   Individual $6,350     Family $12,700
2013   Individual $6,250     Family $12,500
Individual + $100  Family + $200