Source: http://www.shrm.org

The Internal Revenue Service announced higher limits for 2015 on contributions to health savings accounts (HSAs) and for out-of-pocket spending under high-deductible health plans (HDHPs) linked to them.

In Revenue Procedure 2014-30, issued April 24, 2014, the IRS provided the inflation-adjusted HSA contribution and HDHP minimum deductible and out-of-pocket limits, effective for calendar year 2015. The higher rates reflect a cost-of-living adjustment and rounding rules under Internal Revenue Code Section 223.

A comparison of the 2015 and 2014 limits is shown below:

2015 HSA
2014 HSA
2015 PPACA (non-grandfathered plans)
2014 PPACA (non-grandfathered plans)
Out-of-pocket maximum $6,450 single
$12,900 family
$6,350 single
$12,700 family
$6,600 single
$13,200 family
$6,350 single
$12,700 family
Minimum deductible $1,300 single
$2.600 family
$1,250 single
$2,500 family
None None
Maximum deductible None None None (this requirement has been repealed) None (this requirement has been repealed)
Maximum contribution $3,350 single
$6,650 family
$3,300 single
$6,550 family
None None
Catch-up limit (age 55 or older) $1,000 (unchanged) $1,000 Not applicable Not applicable