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 Limits | 2022 | 2023 |
| Individual contribution limit | $3,650 | $3,850 |
| Family contribution limit | $7,300 | $7,750 |
| HDHP (individual) | 2022 | 2023 |
| Minimum annual deductible | $1,400 | $1,500 |
| Maximum annual out-of-pocket | $7,050 | $7,500 |
| HDHP (family) | 2022 | 2023 |
| Minimum annual deductible | $2,800 | $3,000 |
| Maximum annual out-of-pocket | $14,100 | $15,000 |