2020 Health Savings Account Limits
A Health Savings Account (HSA) is a tax-benefit program for people covered by high-deductible insurance plans (HDHPs) that are used for qualified expenses above and above the coverage limits and/or exclusions for HDHPs. Contributions are made to the individual's or the employer's account and are limited to a maximum annual sum. The IRS issued (Rev. Proc. 2019-25) the calendar-year 2020 inflation-adjusted figures for the annual HSA contribution limits. It includes the minimum