IRS announces 2014 health savings account and high-deductible health plan limits

[SumDay]

The IRS has released 2014 inflation-adjusted amounts for health savings accounts (HSAs) and high-deductible health plans (HDHPs), confirming earlier projections. The maximum annual HSA contribution will increase to $3,300 for self-only coverage and $6,550 for family coverage. The catch-up contribution limit, set by statute, remains $1,000. HDHP minimum deductibles remain $1,250/$2,500 for self-only/family coverage. Starting next year, out-of-pocket maximums for all nongrandfathered group health plans cannot exceed the HDHP maximums of $6,350/$12,700 for self-only/family coverage.

This is from IRS Revenue Procedure 2013-25, but I'm not finding it online (yet).

 

[rbmrtn]

Is this it ?

http://www.irs.gov/pub/irs-drop/rp-13-25.pdf

 

[Brett_Cameron]

Thanks!

 

[MichaelB]

Thanks!

+1

From the link

HSA Contribution

For calendar year 2014, the annual limitation on deductions under § 223(b)(2)(A) for an individual with self-only coverage under a high deductible health plan is $3,300. For calendar year 2014, the annual limitation on deductions under § 223(b)(2)(B) for an individual with family coverage under a high deductible health plan is $6,550.

Deductible and total out of pocket limits

High deductible health plan. For calendar year 2014, a “high deductible health plan” is defined under § 223(c)(2)(A) as a health plan with an annual deductible that is not less than $1,250 for self-only coverage or $2,500 for family coverage, and the annual out-of-pocket expenses (deductibles, co-payments, and other amounts, but not premiums) do not exceed $6,350 for self-only coverage or $12,700 for family coverage