{"id":7269,"date":"2014-04-23T16:22:35","date_gmt":"2014-04-23T20:22:35","guid":{"rendered":"https:\/\/old.visionpayroll.com\/kb\/?p=7269"},"modified":"2014-04-23T16:38:22","modified_gmt":"2014-04-23T20:38:22","slug":"tip-of-the-week-irs-releases-2015-inflation-adjustments-for-health-savings-accounts","status":"publish","type":"post","link":"https:\/\/old.visionpayroll.com\/kb\/2014\/04\/tip-of-the-week-irs-releases-2015-inflation-adjustments-for-health-savings-accounts\/","title":{"rendered":"Tip of the Week: IRS Releases 2015 Inflation Adjustments for Health Savings Accounts"},"content":{"rendered":"<div id=\"attachment_7272\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2014\/04\/201404231.jpg\"><img aria-describedby=\"caption-attachment-7272\" loading=\"lazy\" class=\"size-medium wp-image-7272\" alt=\"IRS Releases 2015 Inflation Adjustments for Health Savings Accounts\" src=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2014\/04\/201404231-300x203.jpg\" width=\"300\" height=\"203\" srcset=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2014\/04\/201404231-300x203.jpg 300w, https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2014\/04\/201404231.jpg 421w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-7272\" class=\"wp-caption-text\">IRS Releases 2015 Inflation Adjustments for Health Savings Accounts<\/p><\/div>\n<p>The <a href=\"http:\/\/www.irs.gov\/\" target=\"_blank\">Internal Revenue Service <\/a>recently released <a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2014\/04\/rp-14-30.pdf\" target=\"_blank\">Rev. Proc. 2014-30<\/a> which contained the 2015 inflation adjusted amounts for Health Savings Accounts or HSAs.<\/p>\n<p><strong>Deductions Limitation Set to Increase<\/strong><\/p>\n<p>The annual limitation on deductions will increase from $3,300 in 2014 to $3,350 in 2015 for those with self-only coverage. Those with family coverage will have the deduction limitation increase from $6,550 to $6,650.<\/p>\n<p><strong>High-Deductible Health Plan Minimum Deductibles to Increase<\/strong><\/p>\n<p>The minimum deductibles of a high deductible health plan will increase from a minimum deductible of $1,250 in 2014 to $1,300 in 2015 for self-only coverage, and from $2,500 in 2014 to $2,600 in 2015 for family coverage.<\/p>\n<p><strong>Annual Out-of-Pocket Limitation to Increase<\/strong><\/p>\n<p>The annual out-of-pocket limitation for 2015 will also increase from $6,350 in 2014 to $6,450 for those with self-only coverage; the out-of-pocket limitation for family coverage will increase from $12,700 in 2014 to $12,900 in 2015.<\/p>\n<p><strong>Contact Vision Payroll Today<\/strong><\/p>\n<p>Contact <a href=\"mailto:info@visionpayroll.com\" target=\"_blank\">Vision Payroll<\/a> if you have any questions on the updated 2015 inflation adjusted amounts for HSAs in <a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2014\/04\/rp-14-30.pdf\" target=\"_blank\">Rev. Proc. 2014-30<\/a> or visit our <a href=\"https:\/\/old.visionpayroll.com\/kb\/important-facts-and-figures-2012-2014\/\" target=\"_blank\">Important Facts and Figures<\/a> page for further information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Internal Revenue Service recently released Rev. Proc. 2014-30 which contained the 2015 inflation adjusted amounts for Health Savings Accounts or HSAs. Deductions Limitation Set to Increase The annual limitation on deductions will increase from $3,300 in 2014 to $3,350 in 2015 for those with self-only coverage. Those with family coverage will have the deduction [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[1769,1202,66,65,321,70,75,28],"_links":{"self":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/7269"}],"collection":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/comments?post=7269"}],"version-history":[{"count":6,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/7269\/revisions"}],"predecessor-version":[{"id":7279,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/7269\/revisions\/7279"}],"wp:attachment":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/media?parent=7269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/categories?post=7269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/tags?post=7269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}