What Is the Maximum HSA Contribution Limit for 2023?
Learn the maximum HSA contribution limits for 2023, including individual, family, and catch-up contributions for those 55 and older.
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The maximum HSA contribution varies by year. For 2023, individuals can contribute up to $3,850, while families can contribute up to $7,750. An additional $1,000 catch-up contribution is allowed for those aged 55 and older. Always verify current limits, as they are subject to change annually.
FAQs & Answers
- What is the catch-up contribution for HSA accounts? Individuals aged 55 and older can contribute an additional $1,000 as a catch-up contribution to their HSA accounts.
- Do HSA contribution limits change every year? Yes, HSA contribution limits are adjusted annually, so it’s important to verify the current limits each year.
- What are the maximum HSA contribution limits for families in 2023? In 2023, families can contribute up to $7,750 to their Health Savings Accounts.