Health Savings Accounts for 2020

Recently, the IRS announced next year’s contribution limits for health savings accounts (HSAs), as well as requirements for high-deductible health plans (HDHPs) to which HSAs must be linked (Rev. Proc. 2019-25). For 2020, the maximum deductible contribution to an HSA is $3,550 (up from $3,500 in 2019) for self-only coverage, or $7,100 (up from $7,000…