HSA amounts for 2016


The IRS issued the inflation-adjusted figures for calendar year 2016 for the annual contribution limits for health savings accounts (HSAs) and the minimum deductible amounts and maximum out-of-pocket expense amounts for high-deductible health plans (HDHPs) (Rev. Proc. 2015-30). The annual limit on deductible contributions for individuals with self-only coverage will be unchanged from 2015, and the limit for family coverage will be $100 higher than for 2015. The lower limits on the annual deductible under an HDHP will be the same as for 2015, and the upper limit for out-of-pocket expenses will be slightly higher than for 2015.

HSA amounts for 2016
HSA amounts for 2016

SPONSORED REPORT

Cybersecurity threats proliferating for midsize and smaller businesses

This report details how SMBs can properly protect private information from breaches, design and implement a cybersecurity policy, and create safeguards for training and education.

QUIZ

News quiz: Senate health care bill in the spotlight

Reports related to the Republican bill to repeal many provisions of the PPACA, other tax issues, and the giant AICPA ENGAGE Conference offered a diverse reading list for June. See how much you know about recent news with this short quiz.