What are the HSA contribution limits for 2024?

The HSA contribution limits for 2024 are $4,150 for self-only coverage and $8,300 for family coverage. Those 55 and older can contribute an additional $1,000 as a catch-up contribution. The HSA contribution limits for 2025 are $4,300 for self-only coverage and $8,550 for family coverage.

When can I contribute to an HSA 2023?

You generally have until the tax filing deadline to contribute to an HSA. This means for tax year 2023, you can make contributions up until April 15, 2024. What Are The New 2024 HSA Contribution Limits? Health Savings Account contribution limits have increased for 2024.

Are you eligible for an HSA in 2024?

A Health Savings Account, often called an HSA, allows you to pay for some medical expenses with tax-free money. As you can imagine, there are limits to how much you can contribute each year and how to spend the money saved in your HSA. There is good news if you are eligible for an HSA. The contribution limits are increasing for 2024.