IRS Announces HSA Limits for 2023
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…