On May 16, 2023, the IRS released the inflation-adjusted amounts for Health Savings Accounts for 2024. Among the changes are increases to the minimum High Deductible Health Plan (HDHP) amounts for single coverage ($1,600) and family coverage ($3,200).
Below is a table with the updated HSA limits for 2024, effective January 1, 2024.
HSA Limits for 2024
Health Savings Account |
2023 |
2024 |
| HSA Contribution Limit – Individual Coverage | $3,850 | $4,150 |
| HSA Contribution Limit – Family Coverage | $7,750 | $8,300 |
| HDHP Minimum Deductible – Individual Coverage | $1,500 | $1,600 |
| HDHP Minimum Deductible – Family Coverage | $3,000 | $3,200 |
| HDHP Maximum Out-of-Pocket – Individual Coverage | $7,500 | $8,050 |
| HDHP Maximum Out-of-Pocket – Family Coverage | $15,000 | $16,100 |
To check your account balance or manage your HSA, log into your account.
Pro Tip: Health Savings Accounts are triple-tax advantaged accounts that can save you significantly on healthcare costs. See how you can benefit from an HSA.
