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HSA Account Guidelines

Lively · August 23, 2017 · 2 min read


HSA account guidelines change year to year, but don’t worry we will keep you updated on all IRS guidelines. See current HSA guidelines for 2017 below so you can make the most of your health savings account.

HSA Account Rules

  • HSA limits are set by the IRS (each year) and you can contribute up to $3,500 for individuals and $7,000 for families, in 2019.

Catch Up Contributions

  • Individuals older than 55 years of age can contribute an additional $1,000 per year to their individual or family HSA ($4,500 and $9,000, respectively)

Enrollment Requirements

  • Individual or families must be enrolled in an HSA compatible plan often referred to as a high deductible health plan

HDHP Minimum Deductible Requirement

  • In 2019, HDHPs that qualify must have deductibles of $1,350 or more for an individual and $2,700 for a family and there can be no copays or coinsurance prior to hitting those deductibles (no cost for preventative care)

HDHP Maximum Deductible Requirement

  • In 2019, HDHPs that qualify must have maximum deductibles of $6,750 or less for an individual and $13,300 or less for a family

Retirement Distributions

  • After the 65 years of age, an HSA can be used for non-health expenses – just pay income taxes at that time with no penalty, just like an IRA or 401k

  • Unlike a 401k, you can let your HSA grow in retirement as there are no mandatory distributions.

The great news about HSA account guidelines is that are in completely independent of complex tax or income classifications that can commonly accompany tax-exempt savings accounts. They are updated every year so talk to your benefits provider or check back with Lively. We will make sure to translate any and all IRS HSA guidelines for you. You can see the full list of IRS HSA specification here, in case you want to bookmark it.



Lively is the modern HSA experience built for—and by—those seeking stability in the ever-shifting healthcare landscape. By harnessing modern innovation and deep industry expertise, Lively is committed to bridging today’s savings with tomorrow’s unknowns. Unlike traditional institutions hindered by bureaucracy, Lively’s commitment extends beyond initial set up to providing dedicated, ongoing support and education for every step. So each HSA can reach its maximum potential with minimal headache.

piggy bank on pink background


2023 and 2024 HSA Maximum Contribution Limits

Lively · May 16, 2023 · 3 min read

On May 16, 2023 the Internal Revenue Service announced the HSA contribution limits for 2024. For 2024 HSA-eligible account holders are allowed to contribute: $4,150 for individual coverage and $8,300 for family coverage. If you are 55 years or older, you’re still eligible to contribute an extra $1,000 catch-up contribution.

comparing hsa versus fsa


What is the Difference Between a Flexible Spending Account and a Health Savings Account?

Lauren Hargrave · February 9, 2024 · 12 min read

A Health Savings Account (HSA) and Healthcare Flexible Spending Account (FSA) provide up to 30% savings on out-of-pocket healthcare expenses. That’s good news. Except you can’t contribute to an HSA and Healthcare FSA at the same time. So what if your employer offers both benefits? How do you choose which account type is best for you? Let’s explore the advantages of each to help you decide which wins in HSA vs FSA.

Benefits of HSA employer matching

Health Savings Accounts

Ways Health Savings Account Matching Benefits Employers

Lauren Hargrave · October 13, 2023 · 7 min read

Employers need employees to adopt and engage with their benefits and one way to encourage employees to adopt and contribute to (i.e. engage with) an HSA, is for employers to match employees’ contributions.

Disclaimer: the content presented in this article are for informational purposes only, and is not, and must not be considered tax, investment, legal, accounting or financial planning advice, nor a recommendation as to a specific course of action. Investors should consult all available information, including fund prospectuses, and consult with appropriate tax, investment, accounting, legal, and accounting professionals, as appropriate, before making any investment or utilizing any financial planning strategy.



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