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Compliance Briefing Center

Regulatory Updates

Making it Easier for You
to Manage Benefits

IRS Announces Increased 2014 HSA Index Figures

On May 2, 2013, the IRS released the new Health Savings Account (HSA) index figures for 2014. The 2014 index includes modest increases of approximately 1.5% to both the individual and family contribution limits as well as the maximum out-of-pocket expenses. The minimum annual deductible for both individuals and families remains the same.

The IRS provides this early release to help plan sponsors and participants budget for the upcoming year. See the table below for details and the IRS Revenue Procedure publication (Rev. Proc. 2013-25) for the text of the 2014 index figures.

2014 Health Savings Account Index Figures
  2013 2014
Minimum deductible amounts for the qualifying high deductible health plan (HDHP)
Individual coverage $1,250 $1,250
Family coverage $2,500 $2,500
Maximum contribution levels
Individual coverage $3,250 $3,300
Family coverage $6,450 $6,550
Catch-up contribution allowed for those 55 and over $1,000 $1,000
Maximums for HDHP out-of-pocket expenses
Individual coverage $6,250 $6,350
Family coverage $12,500 $12,700

Click here to go to RP-2013-25.

Click here for a chart containing historical HSA index figures dating back to 2004.