Maximum Family Contribution To Hsa 2024

Maximum Family Contribution To Hsa 2024

You may need to work at a company for a. (people 55 and older can stash away an extra $1,000.) the 2024 caps were adjusted from this year’s limits of $3,850 for individuals and $7,750 for families.


Maximum Family Contribution To Hsa 2024

$4,300 for individual coverage and $8,500 for family coverage. For plan years beginning in 2025, the maximum amount that may be made newly available for the plan year for an excepted health reimbursement arrangement (hra) under treas.

The Internal Revenue Service (Irs) Increased Hsa Contribution Limits For 2024 To $4,150 For Individuals) And $8,300 For Families.

But in 2024, the benefits will get even better because the internal revenue service has increased the contribution limits starting jan.1 of that year.

These Amounts Are Approximately 7% Higher Than The Hsa Contribution Limits For 2023.

Individuals can contribute up to $4,150 to their hsa accounts for 2024, and families can contribute up to $8,300.

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Or $3,300 For Family Coverage, Up From $3,200 In 2024.

The 2024 hsa contribution limit for family coverage (employee plus at least one other covered individual) increases by $550 to $8,300.

Similar To Iras And 401Ks, There Are Catch Up Contributions For Those Age 55 And Over.

Use this information as a reference, but please visit irs.gov for the latest updates.