Claremont Insurance Services, Walnut Creek, Californian General Agency

800.696.4543

Claremont Companies on LinkedIN Claremont Companies on Twitter Claremont Companies on Twitter Claremont Companies on YouTube Claremont Companies Blog

IRS Increases 2020 HSA Contribution Limits

IRS Increases 2020 HSA Contribution Limits

IRS Increases 2020 HSA Contribution Limits, Industry News,

On May 28, 2019, the IRS announced Health Savings Account (HSA) contribution limits for 2020 will rise modestly, per Revenue Procedure 2019-25. The table below summarizes those adjustments and other applicable limits.

2020 HSA contribution limits

Claremont’s HSA partner Sterling Administration reports that the average annual contribution made to its accounts is $1,933. Just under half of the contributions to these accounts are made by employers.

For more information on HSA-qualified high-deductible health plan options for your groups, contact us at 800.696.4543 or info@claremontcompanies.com.

 

 

Share This

Monthly Archives

Category Archives

Carrier Archives

Secure File Transfer

Send client information securely with our simple and free file transfer service. Upload now or learn more.

Need Assistance?

Get the resources, expertise and support you need for success. Contact us today for a free consultation.

Free Consultation

Sign Up For Our Exclusive
Email Updates

  • This field is for validation purposes and should be left unchanged.