Employees will be able to sock away more money in their health savings accounts (HSAs) next year, thanks to rising inflation. The annual limit on HSA contributions for self-only coverage in 2025 will be $4,300, a 3.6 percent increase from the $4,150 limit in 2024, the IRS announced May 9. For family coverage, the HSA contribution limit will jump to $8,550, up 3 percent from $8,300 in 2024.
IRS Announces 2025 HSA, HDHP Limits
SHRM | May 2024
Effective date: 1/1/25
IRS Revenue Procedure 2024-25
Additional Articles
IRS announces 2025 HSA/HDHP and excepted benefit HRA limits
Buck | May 2024
IRS Announces 2025 Limits for Health Savings Accounts, High-Deductible Health Plans and Excepted Benefit HRAs
McDermott | May 2024
IRS Releases 2025 HSA Contribution Limits and HDHP Deductible and Out-of-Pocket Limits
Woodruff | May 2024
2023 Health Savings Account (HSA) Limits
IRS Gives Big Boost to HSA, HDHP Limits in 2024
SHRM | May 2023
IRS Revenue Procedure 2023-23
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