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

2018 financial reporting survey: Challenges and trends

Learn the top reporting challenges that emerged in a survey of more than 800 finance, accounting, and compliance professionals across the world, and compare them with your organization's obstacles.

PODCAST

How the skill set for today’s CFO is changing

Scott Simmons, a search expert for large-company CFOs, gives advice for the next generation of finance leaders and more, including which universities are regularly producing future CEOs and CFOs.