Changes in 2019 HSA contribution limits
The IRS recently announced another change to HSA contributions that may have an impact on employees of our mutual clients. Effective January 1, 2019, the HSA contribution limit for:
• Family plans is increasing by $100, from $6,900 to $7,000
• Individual plans is increasing by $50, from $3,450 to $3,500
Employer groups will receive a communication about this directly from London Health Administrators, the HSA third-party administrator for Blue Cross & Blue Shield of Rhode Island.
You can read the notification here*.
* This information is from London Health Administrators, and is provided for informational purposes only. It is not intended to provide tax, legal or investment advice.