The contribution limits for various tax advantaged accounts for the following year are usually announced in the fall, except for HSA, which come out in the spring. The IRS announced contribution limits for Health Savings Account (HSA) for 2015. The HSA contribution limits for individual and family coverage in 2015 will increase by $50 and $100 respectively. We had the same increase in 2014.
HSA Contribution Limits
You can only contribute to an HSA if you have a High Deductible Health Plan (HDHP).
The IRS also defines what qualifies as an HDHP. For 2015, an HDHP with individual coverage must have at least $1,300 in annual deductible and no more than $6,450 in annual out-of-pocket expenses. For family coverage, the numbers are minimum $2,600 in annual deductible and no more than $12,900 in annual out-of-pocket expenses.
Reference: Rev. Proc. 2014-30, Internal Revenue Service
Instant diversification in a low-cost ETF portfolio. Convenient and disciplined with automatic rebalancing. Minimize your taxes. Betterment.com.