Crafting Competitive Benefits Packages for Emerging Industry Talent
Have you noticed your top employees are looking for more than traditional employee benefits? Here’s how to create more competitive benefits packages.
2015 HSA Contribution Limits
Check out the annual HSA Contribution Limits for 2015.
For 2015, the annual HSA contribution limit for an individual with self-only coverage is $3,350. For those with family coverage, the 2015 contribution limit is $6,650. HSA policyholders age 55 and older can save an additional $1,000 to either the self-only or family coverage amounts, depending on their policy coverage. All HSA contributions are 100% tax deductible.
Individuals must qualify for an HSA by having a “high deductible health plan,” defined as a health plan with an annual deductible that is not less than $1,300 for self-only coverage or $2,600 for family coverage. Annual out-of-pocket expenses (deductibles, co-payments, and other amounts, but not premiums) cannot exceed $6,450 for self-only coverage or $12,900 for family coverage.
Source: www.irs.gov