
2023 Health Savings Account (HSA) Limits Released
The IRS has announced the 2023 inflation-adjusted amounts for health savings accounts (HSAs) as determined under the Internal Revenue Code. Annual Contribution Limits For calendar year 2023, the annual limit on HSA contributions for an individual with self-only coverage under a high deductible health plan (HDHP) is $3,850 (up from $3,650 for 2022). The annual limit on HSA contributions for an individual with family coverage under an HDHP is $7,750 (up from $7,300 for 2022). H