2FA for P&A Participants
COBRA, Commuter Benefits, Parking, Participant, Reimbursement Accounts, Savings Accounts, Transit
On April 29, 2022, the IRS released the inflation-adjusted amounts for Health Savings Accounts for 2023. Among the changes are increases to the minimum High Deductible Health Plan (HDHP) amounts for single coverage ($1,500) and family coverage ($3,000).
Below is a table with the updated HSA amounts, effective beginning January 1, 2023.
HSA Limits for 2023
Health Savings Account |
2022 |
2023 |
| HSA Contribution Limit – Individual Coverage | $3,650 | $3,850 |
| HSA Contribution Limit – Family Coverage | $7,300 | $7,750 |
| HDHP Minimum Deductible – Individual Coverage | $1,400 | $1,500 |
| HDHP Minimum Deductible – Family Coverage | $2,800 | $3,000 |
| HDHP Maximum Out-of-Pocket – Individual Coverage | $7,050 | $7,500 |
| HDHP Maximum Out-of-Pocket – Family Coverage | $14,100 | $15,000 |
To check your account balance or manage your HSA, log into your account.
Pro Tip: Looking for more information about HSAs? Check out our participant page.
