Health Saving Accounts and Obama Care for 2021
We cover everything you need to know about or 2021, including how HSAs work with health plans under the Affordable Care Act.
TIP: The Affordable Care Act is sometimes called “ObamaCare” or the “ACA” for short. Thus, this page is about HSAs and how they work with Obama Care / ACA plans.HSA Chart for 2021
|2021||Minimum Deductible||Maximum Out-of-Pocket||Contribution Limit||55+ Contribution|
HSA Limits 2021 Summary
Below are the limits for contributions, deductibles, and out-of-pocket maximums for HSAs.
HSA Contribution Limit for 2021
- Self-only: $3,600
- Family: $7,200
NOTE: 55 plus can contribute an extra $1,000.
NOTE: The contribution limit, which is the total you can contribute in 2018 if you are under 55. Those 55 or older can contribute an extra $1,000, and this is shown in the fourth column.
Minimum Deductible for HSA Eligibility
- Self-only: $1,400
- Family: $2,800
NOTE: The minimum deductible, which is the minimum deductible your High Deductible Health Plan must have after cost assistance.
Maximum Out-of-Pocket Limit for HSA Eligibility
- Self-only: $7,000
- Family: $14,000
NOTE: The maximum out-of-pocket is the highest maximum a plan can have to qualify for an HSA.
TIP: The maximums are slightly lower on HSA compatible plans then they are in general on health plans. This has to do with the fact that the rates are raised by different mecha
Get a QUOTE: www.amsinsure.com. The difference allows for non-HSA compatible high deductible plans. Thus, if you want an HSA, make sure your plan is “HSA Eligible.”