HSA Contributions

2015 and 2016 HSA
Contribution Limits And Deadlines

Year Contribution Limit (Single) Contribution Limit (Family) Additional Catch-Up Contribution (55 or older, Single and Family)
2015 $3,350 $6,650 $1,000
2016 $3,350 $6,750 $1,000
Contribute to a Traditional IRA at any age. Contributions to a Traditional IRA stop at 70.5.

Open Deadline: April 15 of next year, no extension.

Fund Deadline: April 15 of next year, no extension.

HDHP must be in place at some point in the contribution year.

Medical expenses: Dec. 31 of current year.

You cannot use HSA funds to pay for expenses incurred prior to opening the account.

Health Savings Accounts (HSA) must be established by the tax filing deadline (without extensions) for the tax year in which your qualifying contribution(s) will apply. 

Limit on Contributions

A High Deductible Health Plan (HDHP) is required in order to be eligible for a Health Savings Account.  HDHP requirements are shown below:

2015 HDHP Minimum Deductible:

2015 HDHP Maximum Out of Pocket:

2016 HDHP Minimum Deductible:

2016 HDHP Maximum Out of Pocket:


Learn more about the benefits of an HSA (Health Savings Account).