{"id":13314,"date":"2019-05-30T10:37:40","date_gmt":"2019-05-30T14:37:40","guid":{"rendered":"https:\/\/medicarereport.org\/?p=13314"},"modified":"2019-05-30T10:37:40","modified_gmt":"2019-05-30T14:37:40","slug":"irs-will-increase-health-savings-account-limits-in-2020","status":"publish","type":"post","link":"https:\/\/medicarereport.org\/?p=13314","title":{"rendered":"IRS will increase Health Savings Account limits in 2020"},"content":{"rendered":"<p><span style=\"color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 14px; font-style: normal; font-weight: 400; word-spacing: 0px; float: none; display: inline !important; white-space: normal; orphans: 2; widows: 2; background-color: #ffffff; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial;\">The Internal Revenue Service announced a new, higher contribution limits for health savings accounts for 2020. Health savings accounts come with a triple tax benefits; you put money in on a tax free basis (usually through salary deferrals), it builds up tax free (you can invest it), and it comes out tax free to cover out-of-pocket healthcare expenses. \u00a0To read further on how HSAs will save you money, <a href=\"https:\/\/www.forbes.com\/sites\/ashleaebeling\/2019\/05\/29\/irs-announces-2020-health-savings-account-limits\/#7e094dbf3f3c\">click here&#8230;<\/a><\/span><\/p>\n<p><a href=\"https:\/\/medicarereport.org\/wp-content\/uploads\/2018\/03\/hsa-health-savings-account-medical-700x467.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-9837\" src=\"https:\/\/medicarereport.org\/wp-content\/uploads\/2018\/03\/hsa-health-savings-account-medical-700x467-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/medicarereport.org\/wp-content\/uploads\/2018\/03\/hsa-health-savings-account-medical-700x467-300x200.jpg 300w, https:\/\/medicarereport.org\/wp-content\/uploads\/2018\/03\/hsa-health-savings-account-medical-700x467.jpg 700w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<pre>Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; medicarereport.org cannot guarantee the duration of the link\u2019s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or medicarereport.org.<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>The Internal Revenue Service announced a new, higher contribution limits for health savings accounts for 2020. Health savings accounts come<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-13314","post","type-post","status-publish","format-standard","hentry","category-hras"],"_links":{"self":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/13314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13314"}],"version-history":[{"count":1,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/13314\/revisions"}],"predecessor-version":[{"id":13315,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/13314\/revisions\/13315"}],"wp:attachment":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}