According to the 2025 HSA contribution rules, an employee can contribute up to $4,300 if they have self-only coverage under their HDHP. Or, they can contribute up to $8,550 if they have family coverage under an HDHP. If the employee is 55 years old or older, they can contribute $...
In 2025, an HDHP is any plan with a deductible of at least $1,650 for an individual or $3,300 for a family, with maximum out-of-pocket spending at $8,300 and $16,600, respectively. Here are the important points: There's a contribution limit. In 2025, people with individual ...
Find out what you need to know when deciding between FSA vs. HSA, plus learn the 2025 FSA and HSA rates and limits.
An HSA has a maximum contribution of $3,400 from both the employee and the employer for single employees. For employees who have dependents on their insurance plan, the contribution is $6,850. Employees age 55 or older have an additional $1,000 "catch-up" contribution. Since the employer...
Current Health Savings Account (HSA) contribution limits for single coverage, family coverage, and catch-up contributions (for those who are age 55 or older).
This is different from a flexible spending account, which is a "use it or lose it" proposition. Contributions to an HSA can also be used to pay for qualified medical expenses for a spouse or dependent child, even if they're not covered by your HDHP. HSA contribution limits The IRS ...
Note: The maximum HSA contribution includes both employer + employee contributions. As with 401Ks there is a catch up contribution for those age 55 and over. The2025 and 2026 HSA catch-up contribution amountsare $1,000 for individual plans and $1,000 per person ($2,000 total) for family...
How much do you plan to contribute?HSAs havehigher contribution maximumsthan FSAs. If you anticipate significant medical expenses, the higher HSA limits may be advantageous. What are your investment goals?Unlike FSAs, many HSAs allow you to invest your contributions for potential long-term growth...
2025 HSA Contribution Limits Individual:$4,300 Family:$8,550 Who Can Open An HSA? HSA accounts are only available to individuals and families with a high deductible health plan (HDHP). Specific limits of what constitutions an HDHP change annually. You can check with theIRSfor the latest inf...
HSA Contribution Limits Contribution limits also change annually and are set by the IRS. For 2022, the maximum an individual can contribute to an HSA is $3,650. If you’re on a family HDHP, you can contribute up to $7,300 tax-free. Even if that’s a big chunk of your income, it...