jsb Posted November 5, 2014 Share Posted November 5, 2014 The recently released Rev. Proc. 2014-61 announced many cost of living adjustments for various tax provisions. Buried in Item 26. appears to be a new definition for High Deductible Health Plan featuring significantly higher minimum required deductibles effective in 2015. This is compared to the amounts previously announced in Rev. Proc. 2014-30 back in April. The change is raising the minimum deductible from $1,300 to $2.200 and from $2,600 to $4,450 for individual and family coverage, respectively. Am I reading this correctly? It's making me nervous that I have seen no coverage of this issue. Link to comment Share on other sites More sharing options...
Slider Posted November 6, 2014 Share Posted November 6, 2014 The recent Rev Proc contains the HDHP limits associated with Archer MSAs, as opposed to the limits that apply to HDHPs associated with HSAs (which were issued back in April). There are two different types of arrangments. Link to comment Share on other sites More sharing options...
jsb Posted November 7, 2014 Author Share Posted November 7, 2014 Thanks for the clarification. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now