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

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100th ANNIVERSARY

Black CPA Centennial, 1921–2021

With 2021 marking the 100th anniversary of the first Black licensed CPA in the United States, a yearlong campaign kicked off to recognize the nation’s Black CPAs and encourage greater progress in diversity, inclusion, and equity in the CPA profession.