HSA Limits
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2013 & 2014 HSA Contribution Limits

Each year the HSA Contribution Limits are revised (or remain unchanged) based on the inflation rate of the previous year.  This year the HSA Contribution Limits were raised about 1.63% based on the rise of the Consumer Price Index (CPI) in the previous year.  This means that for 2014 the HSA contribution limit for an individual increased $50 to $3,300 and the limit for families increased $100 to $6,550.  The catch-up provision for those age 55+ remains at $1000. 

2014 HSA Contribution Limits

In May 2013 the IRS released the new HSA Contribution Limits for 2014.  These rules go into affect January 1, 2014 and contributions can be made until April 15, 2015.  There will a slightly smaller increase in 2014 for both individuals and families than the increases of 2013.

The new contribution limits for Individual HSA Plans will be $3300.
This represents a $50 increase over the 2013 levels.

For Family Plans the HSA contribution limits have increased $100 increase over 2013 levels to $6550 for 2014.

The HSA Catch Up Provisions for plan owners age 55 or over remains unchanged at $1000. This means that if the owner has an individual plan they can contribute a maximum of $4300 or $7550 if they are the owner of a family plan.

Contributions for the 2014 calendar year can be made until April 15, 2015.

Contributions for the 2013 calendar year can be made until April 15, 2014.

Historical HSA Contribution Limits 2004- 2014

This table shows all the changes in limits that have occurred since 2004.

Year Contribution Limit
Contribution Limit
Additional Catch-Up Contribution
(55 or older) (Single and Family)
2004 $2,600 $5,150 $500
2005 $2,650 $5,250 $600
2006 $2,700 $5,450 $700
2007 $2,850 $5,650 $800
2008 $2,900 $5,800 $900
2009 $3,000 $5,950 $1,000
2010 $3,050 $6,150 $1,000
2011 $3,050 $6,150  $1,000
2012 $3,100 $6,250 $1,000
2013  $3,250 $6,450 $1,000
2014  $3,300  $6,550  $1000

Important:  Money that is not used during a calendar year in your HSA account rolls over to the following year, so this means your account balance can grow over time. Therefore if you are already making the maximum IRA or 401k contributions an HSA is another way to make a tax deductible contribution and allow the money to grow tax deferred, even if you don't necessarily need it to cover medical expenses.

Money withdrawn for non-medical reasons is subject to income tax in addition to a 10% penalty, similar to other IRA accounts. If you become disabled or reach age 65 the penalty no longer exists but you still have to pay income tax on the money.

Since the HSA is a tax advantaged account it is subject to contribution limits similar to Individual Retirement Accounts. The money you contribute to your HSA through your employer is not subject to federal tax at the time of deposit (Pre-Tax Dollars).  If you are self-employed the dollars contributed are an "above the line" deduction on your taxes.


HSA Contribution Limits For 2014
HSA Contribution Limits For 2013
HSA Contribution Limits For 2012
HSA Contribution Limits For 2011
HSA Contribution Limits For 2010
HSA Contribution Limits For 2009
HSA Contribution Limits For 2008
HSA Contribution Limits For 2007
HSA Contribution Limits For 2006
HSA Contribution Limits For 2005
HSA Contribution Limits For 2004


Information Source: IRS Bulletin