Employees and retirees enrolled in Consumer Directed HealthSelect can contribute tax-free funds to their HSAs – up to an amount set by the IRS each calendar year. Please see the table below for 2019 maximum contributions. These maximums include contributions from all sources, including the State of Texas and the account holder. Only people participating in Consumer Directed HealthSelect can make tax-free contributions or accept contributions to their HSAs.
HSA Contributions and Limits* for 2019 (January 1 – December 31, 2019)
|| Family account**
|Annual maximum contribution
|Annual state contribution
||$540 ($45 monthly)
||$1,080 ($90 monthly)
|Annual maximum participant contribution
NOTE: Members who are 55 years or older can have an additional "catch up" contribution of up to $1,000 per year, for 2019.
*HSA contributions and limits may change from year to year, or based on eligibility requirements and the participant’s age. Maximums are set by the IRS and include all contributions -- both pre-tax and post-tax -- to an HSA.
**Includes the member plus any number of dependents.