2023 Annual HSA Limits Announced
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The IRS has released the 2023 annual HSA contribution limits. The table below shows the 2022 and 2023 amounts with the year-over-year changes.
| HSA Contribution Limits | 2022 | 2023 | Change |
|---|---|---|---|
| Individual | $3,650 | $3,850 | +$200 |
| Family | $7,300 | $7,750 | +$450 |
Additionally, the IRS increased the minimum annual deductibles and the maximum out-of-pocket maximum for high deductible health plans.
| Self-only coverage | 2022 | 2023 | Change |
|---|---|---|---|
| Deductible | $1,400 | $1,500 | +$100 |
| Out-of-pocket maximum | $7,050 | $7,500 | +$450 |
| Family coverage | 2022 | 2023 | Change |
|---|---|---|---|
| Deductible | $2,800 | $3,000 | +$200 |
| Out-of-pocket maximum | $14,100 | $15,000 | +$900 |