The IRS has set higher limits for 2014 for health savings account contributions and out-of-pocket expenses under high-deductible health plans.

Next year's HSA limits are $3,300 for an individual and $6,550 for a family, up from $3,250 and $6,450.

HDHPs minimum deductibles remained at $1,250 for an individual and $2,500 for a family, while HDHP out-of-pocket limits rose to $6,350 for an individual and $12,700 for a family, up from $6,250 and $12,500.

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