The table below summarizes those adjustments and other applicable limits. $4,150 for single coverage ($300 increase from $3,850)
The maximum amount that may be made newly available for plan years beginning in 2024 for excepted benefit hras is $2,100 (up $150 from 2023). The table below summarizes those adjustments and other applicable limits.
(People 55 And Older Can Stash Away An Extra $1,000.) The 2024 Caps Were Adjusted From This Yearโs Limits Of $3,850 For Individuals And $7,750 For Families.
And in 2025, hsa contribution limits will be $4,300 for individual coverage or $8,550 for family coverage.
These Were Announced By The Irs On November 4, 2021.
Use this information as a reference, but please visit irs.gov for the latest updates.
Images References :
The Maximum Amount That May Be Made Newly Available For Plan Years Beginning In 2024 For Excepted Benefit Hras Is $2,100 (Up $150 From 2023).
For 2024, the hsa contribution limits increased nearly 7% to $4,150 for individual coverage and $8,300 for family coverage.
Annual Hsa Contribution Limits For 2024 Are Increasing In One Of The Biggest Jumps In Recent Years, The Irs Announced May 16:
But keep in mind that hsa contribution limits for any given year apply to combined.