As many of you know, I track the data needed to make inflation adjustments for Health Savings Accounts from one year to the next. I have accurately predicted the annual adjustments by the Internal Revenue Service for the past 13 years.
With the April 11 release of the March inflation figures by the Bureau of Labor Statistics, I am now finalizing my HSA projections for next year. You can find my projections on my website AskMrHSA.com.
I am projecting that the HSA contribution limits will increase again for 2019 even though the IRS recently lowered the family contribution limit for 2018. This is great news for HSA account owners. On the HSA-qualified plan side, the minimum deductibles remain unchanged from 2018 but the annual out-of-pocket maximums will rise for 2019. Trustees, custodians, administrators, and insurance carriers can start making the necessary adjustments now.