These amounts are approximately 7% higher than the hsa contribution limits for 2023. (people 55 and older can stash away an extra $1,000.) the 2024 caps were adjusted from this year’s limits of $3,850 for individuals and $7,750 for families.
For 2024, you can contribute up to $4,150 to an hsa if you have individual coverage and $8,300 if you have family coverage. The hsa contribution limits increase to $4,300 for individual coverage and $8,550 for family coverage in 2025.
The Health Savings Account (Hsa) Contribution Limits Increased From 2023 To 2024.
Contribution limits for hsas depend on your age and whether you have family or individual only coverage.
How Much Should I Contribute To My Hsa From My Paycheck?
An annual deductible of $1,600 or more for individual coverage and $3,200 or more for family.
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Contributing The Maximum To Your Hsa Each Year Could Help You Build Up Your Nest Egg So You're Prepared For Expected, And Unexpected, Health Care Costs.
Contribution limits apply to the calendar year (and tax year) and are adjusted for inflation by the irs each year.
Determine The Maximum Amount The Irs Allows You To Contribute Towards Your Hsa This Year.
Each year, the internal revenue service (irs) sets contribution limits for health savings accounts (hsas).
