The Internal Revenue Service (IRS) recently released the 2015 limits for Health Savings Accounts (HSAs) and High Deductible Health Plans (HDHPs) under Section 223. The deductibles, out-of-pocket maximums, and contribution amounts have all increased over the 2014 limits.
For your reference, the chart below recaps the limits for 2015 as compared to 2014:
*Persons age 55 or older may make additional “catch-up” contributions of up to $1,000 in 2015 (the same amount as in 2014).
HSA Informational Sheet Download
Download this two page information sheet from our partner Unum, which discusses the HSA model, HDHPs, CDHPs, HSA plan specifications and more.Health Savings Accounts
Cost Containment Strategies Self Insuring/Self-Funding and More
For additional information on Health Savings Accounts and High Deductible Health Plans, please see the following articles, downloads and tips from FosterThomas HR Outsourcing and Consulting:Health Care Reform News