HSA
Type | 2019 | 2020 | Company Match as of 1.1.2020 | ||||
Individual | $3,500 | $3,550 |
Maximum Match per Paycheck** |
$73.95 | |||
Family | $7,000 | $7,100 | Maximum Match per Year** | $1,775 | |||
Individual with 55+* |
$4,500 | $4,550 | **Match only applies to HSA contributions made through payroll (24 pay periods per calendar year) | ||||
Family with 55+* |
$8,000 | $8,100 | |||||
*If you are 55 years or older, you are elibile to contribute an additional $1,000 per year catch-up | **Match is only available for payperiods with qualified enrollment in a BambooHR health care plan | ||||||
**Depending on your contributions thru the last paycheck (with a pay date in the calendar year), a year end true-up is performed in January and applied to the previous year match and contribution limits |