The IRS has released the 2020 inflation adjustments affecting Health Savings Accounts and High Deductible Health Plans. The 2020 IRS HSA limits are as follows:
| ITEM | 2019 | 2020 |
| Annual Contribution Limit – Individual | $3,500 | $3,550 |
| Annual Contribution Limit – Family | $7,000 | $7,100 |
| Annual Catch-Up Contribution Limit (Age 55 to 65) | $1,000 | $1,000 |
| Minimum Deductible for HDHP – Individual | $1,350 | $1,400 |
| Minimum Deductible for HDHP – Family | $2,700 | $2,800 |
| Maximum Out-Of-Pocket for HDHP – Individual | $6,750 | $6,900 |
| Maximum Out-Of-Pocket for HDHP – Family | $13,500 | $13,800 |
