If you like the convenience of contributing to your Health Savings Account (HSA) through payroll deductions, you’ll need to contribute a minimum of $500 for the year.
HSA contribution limits are set by the IRS each year. The amount you may contribute is triple-tax protected and depends on which HSA option you elect, whether XPO contributes, the coverage level you choose and your age.
Under Age 55 | Age 55 or Older | |||
---|---|---|---|---|
HSA Plus | Employee Only | Employee + 1 or More | Employee Only | Employee + 1 or More |
2021 IRS Limit | $3,600 | $7,200 | $4,600 | $8,200 |
XPO Contribution | $500 | $1,000 | $500 | $1,000 |
Your Contribution | $3,100 | $6,200 | $4,100 | $7,200 |
Basic HSA | Employee Only | Employee + 1 or More | Employee Only | Employee + 1 or More |
2021 IRS Limit | $3,600 | $7,200 | $4,600 | $8,200 |
XPO Contribution | $0 | $0 | $0 | $0 |
Your Contribution | $3,600 | $7,200 | $4,600 | $8,200 |