2024 HSA Contribution Limits
July 1, 2023 | HSA
Health Savings Account
IRS Announces 2024 Adjustments for Qualified HDHPs and HSA Contributions
The Internal Revenue Service released the 2024 inflation adjusted amounts for high deductible health plans (HPHPs) and Health Savings Accounts. In addition, the 2024 High Deductible Health Plan deductible amounts and out-of-pocket expense limits were also announced.
The amounts for HSAs for 2024 as compared to 2023 are as follows:
| HSA Contribution Limits | 2024 | 2023 |
| Individual contribution limit | $4,150 | $3,850 |
| Family contribution limit | $8,300 | $7,750 |
| Minimum Annual Deductible | 2024 | 2023 |
| Single | $1,600 | $1,500 |
| Family | $3,200 | $3,000 |