Health savings account (HSA) contribution limits for 2020 are going up $50 for self-only coverage and $100 for family coverage.
The annual limit on HSA contributions will be $3,550 for self-only and $7,100 for family coverage. That’s about a 1.5 percent increase from this year.
In Revenue Procedure 2019-25, the IRS confirmed HSA contribution limits effective for calendar year 2020, along with minimum deductible and maximum out-of-pocket expenses for the HDHPs with which HSAs are paired.