HSA limits have increased in 2021

The amount that individuals are able to contribute to an HSA in 2021 will now be $3,600–a $50 increase from 2020. Meanwhile, families are able to contribute up to $7,200, which is a $100 increase from 2020. On Medicare? You can no longer contribute to an HSA, but you can use HSA dollars to pay your Medicare part B premiums, Medicare advantage plan premiums as well as approved medical expenses. 

Have any questions? Feel free to call Elise at (208)918-0201 or email her at danielinsuranceidaho@gmail.com.

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