Annual Out-Of-Pocket Maximum:If your annualized base pay is $50,000 or less: $2,500 for single coverage, $5,000 per family. If your annualized base pay is over $50,000: $4,000 for single coverage, $8,000 per family. Preventive Care is covered 100%, no deductible.
. The IRS maximum allowable annual HSA contributions for 2020 are $3,550 for single coverage and $7,100 for family coverage. If you are age 55 or older by December 31, 2020, you can contribute an additional annual catch-up contribution of $1,000. In case you or a household member is newly diagnosed with cancer, you can receive $500 contribution