The IRS released the 2020 limits for High Deductible Health Plans (HDHP) this week. If you have a qualified plan along with a Health Savings Account (HSA), here’s what your looking at for next year.

Contribution Limits –

Single – $3,550 (Up $50) / Family – $7,100 (Up $100)

HDHP Out-of-Pocket Maximum –

Single – $6,900 (Up $150) / Family – $13,800 (Up $300)

HDHP Minimum Deductible –

Single – $1,400 (Up $50) / Family – $2,800 (Up $100)

Need to know if your plan is “qualifed”? Shoot me an email and I will review it for you! michelle@buyhealthinsurancehere.com