The maximum contribution for an eligible individual with
self-only coverage is $3,600. The maximum contribution
for an eligible individual with family coverage is
$7,200. Under the
Last Month Rule
, if you are an eligible
individual on the first day of the last month of the
taxable year (December for most taxpayers), you are
considered an eligible individual for the entire year.
As such, you can make a full HSA contribution (plus a
catch-up contribution, if you will be 55 or older by
year’s end). You must remain an eligible individual
during a "testing period," which for most taxpayers
would run from Dec. 1 through Dec. 31 of the following
*Please see "Who can have an HSA?" to learn the
requirements for an eligible individual.
HSA holders can save up to $3,600 for an individual
and $7,200 for a family (HSA holders 55 and older
can save an extra $1,000, which means $4,500 for an
individual and $8,000 for a family). These
contributions are tax-deductible.
Minimum annual deductibles are $1,400 for self-only
coverage or $2,800 for family coverage.
Annual out-of-pocket expenses (deductibles,
copayments, and other amounts, but not premiums)
cannot exceed $6,900 for self-only coverage and
$13,800 for family coverage.
*Catch-up contributions are allowed for people older
than 55 ($1,000). Catch-up contributions can be made
at any time during the year in which the HSA
participant turns 55.
For more detailed information on HSAs and taxes, visit
the U.S. Department of Treasury website at
or talk with your tax advisor.