IRS Issues 2016 HSA Limits

On May 5, 2015, the Internal Revenue Service (IRS) issued inflation-adjusted limits for contributions to a health savings account (HSA) for calendar year 2016 (Revenue Procedure 2015-30). In addition, the IRS provided revised minimum deductible amounts and maximum out-of-pocket limits. The attached chart provides the limits for calendar years 2014 through 2016.