2023 HSA Contribution Limits

May 1, 2022 | HSA

Health Savings Account

IRS Announces 2023 Adjustments for Qualified HDHPs and HSA Contributions

On April 29, 2022 the Internal Revenue Service released Revenue Procedure 2022-24 which provides the 2023 inflation adjusted amounts for high deductible health plans (HPHPs) and Health Savings Accounts. In addition, the 2023 High Deductible Health Plan deductible amounts and out-of-pocket expense limits were also announced.

The amounts for HSAs for 2023 as compared to 2022 are as follows:

HSA Contribution Limits20222023
Individual contribution limit$3,650$3,850
Family contribution limit$7,300$7,750
HDHP (individual)20222023
Minimum annual deductible$1,400$1,500
Maximum annual out-of-pocket$7,050$7,500
HDHP (family)20222023
Minimum annual deductible$2,800$3,000
Maximum annual out-of-pocket$14,100$15,000