Facebook

Health Savings Account limits for 2021

Participants in high-deductible health plans (HDHP) can contribute to tax-advantaged Health Savings Accounts. “For 2021, the annual limit on deductible contributions is $3,600 for individuals with self-only coverage under an HDHP (a $50 increase from 2020) and $7,200 for family coverage (a $100 increase from 2020).” “For 2021, the lower limit on the annual deductible…