March 28, 2019 – Saturna Capital has been recognized on a list of 10 best HSA providers compiled by Investor’s Business Daily, a financial news and research organization. IBD rated dozens of HSA account providers based on customer reviews, cost, account minimums, and breadth of investment options, among other criteria. Saturna’s HSA won a category award for Investment Options, noting that “Saturna’s offerings are expansive.”
“We are thrilled to be named as one of Investor’s Business Daily’s 10 best HSA providers,” said Jane Carten, president and CEO of Saturna Capital. “With their triple tax advantages, Health Savings Accounts are some of the best account types for investing and a great way to prepare for health care expenses later in life.”
Learn more about Saturna Capital HSAs
Update, May 28, 2019 – IRS Announces new HSA contribution and other limits for 2020
Health Savings Accounts (HSAs) Contribution Limits | 2019 | 2020 | ||
Individual | Family | Individual | Family | |
HSA Contribution Limits (employer + employee) | $3,500 | $7,000 | $3,550 | $7,100 |
HSA Catch-up Contributions (age 55 and older) | $1,000 | $1,000 | $1,000 | $1,000 |
Qualified High-Deductible Health Plan Requirements | 2019 | 2020 | ||
Individual | Family | Individual | Family | |
QHDHP Minimum Deductibles | $1,350 | $2,700 | $1,400 | $2,800 |
QHDHP maximum out-of-pocket amounts¹ | $6,750 | $13,500 | $6,900 | $13,800 |
¹ Including deductibles, co-payments, and other amounts, but excluding premiums. See IRS Publication 969 (www.irs.gov) for more information.