(20 ponit) what was the2020 contrubution limit for a HSA?
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(20 ponit) what was the2020 contrubution limit for a HSA?
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Answer:
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Explanation:
The new limits for health savings accounts (HSA) for 2020 are going up $50 for individual coverage and $100 for family coverage, the IRS announced last week, bringing them to $3,550 and $7,100, respectively. The catch-up contribution limit for those over age 55 will remain at $1,000.
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