Good news! 2022 Health Savings Account (HSA) contribution limits are going up, so you can save more and earn more tax-free*. The Internal Revenue Service (IRS) sets limits each year for maximum contributions to HSA’s.
For the calendar year 2022, HSA contribution limits will be $3,650 for Self-only and $7,300 for Family coverage, up from $3,600 and $7,200 respectively in 2021.
The IRS also sets the annual minimum deductible and maximum out-of-pocket expenses for High Deductible Health Plans (HDHP) which are paired with HSAs. For 2022, the minimum deductibles for HDHPs will remain the same as 2021, while the annual out-of-pocket maximums will increase slightly (Self-only: $7,050, Family: $14,100).
And if you age 55 or better, you can still make a catch-up contribution up to $1,000 over the annual contribution limit.
HSA contribution limit
(employer + employee)
HDHP minimum deductibles
- Self-only: $3,650
- Family: $7,300
- HSA catch-up contributions (age 55 or older): $1,000
HDHP maximum out-of-pocket amounts
- Self-only: $1,400
- Family: $2,800
(deductibles, co-payments, and other amounts, but not premiums)
- Self-only: $7,050
- Family: $14,100