The Internal Revenue Service (IRS) has announced the 2022 HSA limits.
- The annual contribution limit for individuals with self-only coverage increased from $3,600 to $3,650.
- The annual contribution limit for family coverage increased from $7,200 to $7,300.
- The High Deductible Health Plan (HDHP) minimum deductibles are unchanged at $1,400 for self-only coverage and $2,800 for family coverage.
- Out-of-pocket maximums increased from $7,000 to $7,050 for self-only coverage and from $14,000 to $14,100 for family coverage.
TRI-AD’s HSA participant website and communication pieces will be updated in the days ahead to provide the information on the 2022 HSA limits.
Revenue Procedure 2021-25 containing adjusted limits:
https://www.irs.gov/pub/irs-drop/rp-21-25.pdf
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