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Health Savings Accounts

HSA Contribution Limits

You can make contributions by payroll deductions (if available through your employer) or you can make direct contributions to your account.

The contribution rates are set each year by the IRS, are subject to change every year, and are adjusted for inflation. Contributions from all sources – including employer and personal contributions – are applied when determining your annual maximum contribution limits. The current limits are listed in the table below:

Contribution limits 2019 2020
Individual coverage $3,500 $3,550
Family coverage $7,000 $7,100
Age 55+ catch-up contribution Additional $1,000 Additional $1,000

You are eligible to contribute to your HSA as long as you meet the definition of an eligible individual.