For reference, here are all HSA relevant limits, maximums and minimums for the year 2014.
The federal government continues to increase the amount you can contribute to your HSA, but at a snails pace. The $50 increase in contribution limit compared to 2013 represents a 1.5% increase. With Obamacare, federal reserve printing, and business taxation, do you think healthcare costs are growing above or below 1.5% per annum?
2014 | 2013 | 2012 | |
HSA Contribution Limit | Individual: $3,300 Family: $6,550 |
Individual: $3,250 Family: $6,450 |
Individual: $3,100 Family: $6,250 |
HSA Catch up Contribution (55+) | $1,000 | $1,000 | $1,000 |
Minimum Deductible to Qualify for HSA | Individual: $1,250 Family: $2,500 |
Individual: $1,250 Family: $2,500 |
Individual: $1,200 Family: $2,400 |
Maximum Out of Pocket Expenses for HSA | Individual: $6,350 Family: $12,700 |
Individual: $6,250 Family: $12,500 |
Individual: $6,050 Family: $12,100 |