On May 11, 2018, the IRS announced the new 2019 HSA limits in Rev. Proc. 2018-30.
For calendar year 2019, 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 $1,350 for self-only coverage or $2,700 for family coverage, and the annual out-of-pocket expenses (deductibles, co-payments, and other amounts, but not premiums) do not exceed $6,750 for self-only coverage or $13,500 for family coverage.
The 2019 annual limitation on deductions for an individual with self-only coverage under a high deductible health plan is $3,500. The annual limitation on deductions for an individual with family coverage is $7,000. An additional contribution of $1,000 is permitted for individuals age 55 and older. Those enrolled in Medicare are not eligible to participate in an HSA. See the chart below for illustration.
| Health Savings Account Type | 2019 Limits | 2018 Limits |
| Self (IRC Section 223(b)(2)(A)) | $3,500 | $3,450 |
| Family (IRC Section 223(b)(2)(B)) | $7,000 | $6,850** |
** NOTE: In Revenue Procedure 2018-27, the IRS announced that the limit on annual contributions for individuals with family coverage in a health savings account (HSA) may be treated as $6,900, rather than the $6,850 announced earlier this year in Revenue Procedure 2018-18.
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