New HSA Limits for 2023
June 30, 2022
On April 29, 2022, the Internal Revenue Service released the 2023 maximum amounts for high deductible health plans (HDHPs) and Health Savings Accounts.
The amounts for HSAs for 2023 as compared to 2022 are as follows:
|
|
2023 |
2022 |
|
Annual Contribution Limit: Self-Only Coverage |
|
|
|
Annual Contribution Limit: Family Coverage |
|
|
|
Annual Contribution Limit: Catch-Up Contributions for Individuals Age 55 & Up |
$1,000 |
$1,000 |
|
HDHP Annual Deductible: |
$1,500 |
$1,400 |
|
HDHP Annual Deductible: |
$3,000 |
$2,800 |
|
HDHP Annual Out-of-Pocket Maximum: |
$7,500 |
$7,050 |
|
HDHP Annual Out-of-Pocket Maximum: |
$15,000 |
$14,100 |
See Revenue Procedure 2022-24 for more details.
