hsa 2024 contribution limits

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What are the 2024 health savings account limits?

IRS reveals 2024 health savings account limits. What to know about the ‘significant increase,’ says advisor For 2024, the annual contribution limit for health savings accounts, or HSAs, is rising to $4,150 from $3,850 for self-only plans, which is roughly an 8% increase.

How much can I contribute to my HSA in 2024?

You can only contribute a certain amount to your HSA each year, but all contributions roll over from year to year. In 2024, you can contribute up to $4,150 if you have health coverage just for yourself or $8,300 if you have coverage for your family.

How much can I contribute to my HSA?

The amount you or any other person can contribute to your HSA depends on the type of HDHP coverage you have, your age, the date you become an eligible individual, and the date you cease to be an eligible individual. For 2023, if you have self-only HDHP coverage, you can contribute up to $3,850.

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