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IRS Releases 2016 Inflation-Adjusted Amounts for Health Savings Accounts

MN Health Staff Writer | May 18, 2015

The IRS released the 2016 inflation-adjusted amounts for Health Savings Accounts (HSAs). For calendar year 2016, the annual limitation on deductions for an individual with self-only coverage under a high deductible health plan is $3,350 and for an individual with family coverage under a high deductible health plan is $6,750.