On Friday, the IRS announced the maximum HSA contribution amounts for 2014, as well as what qualifies as a High Deductible Health Plan (HDHP) for 2014.
2014:
Maximum Contributions: $3,300 Self-Only, $6,550 Family Coverage
Minimum Deductible for HDPD: $1,250 Self-Only, $2,500 Family Coverage
As a reminder, here are the limits that apply for 2013:
Maximum Contributions: $3,250 Self-Only, $6,450 Family Coverage
Minimum Deductible for HDPD: $1,250 Self-Only, $2,500 Family Coverage
HSA contributions can be made up to the due date of the tax return, not including extensions.
