2023 HSA Limits Announced

The IRS has announced the 2023 contribution limits for health savings accounts (HSAs).  The 2023 limits increased significantly for the first time in a while. 

The annual contribution limit for single coverage will increase from $3,650 to $3,850 and the limit for family coverage increases from $7,300 to $7,300 for 2023. The out-of-pocket limit for single coverage will go from $7,050 to $7,500 and from $14,100 to $15,000 for family coverage. 

HSA Contribution Limits