IRS Releases 2023 HSA Contribution & Coverage Limits

May 2, 2022

The IRS has issued Revenue Procedure 2022-24, providing inflation-adjusted Health Savings Account (HSA) contribution amounts for calendar year 2023:  

Maximum Contribution Amount

• Individual - $3,850 (increase of $200)
• Family - $7,750 (increase of $450)   
• Catch-up (age 55+) - $1,000 (no increase) 

High Deductible Health Plan (HDHP) deductible amounts and expense limits for 2023 were also announced:

Annual Maximum Out-of-Pocket Limit for HDHP

• Individual - $7,500 (increase of $450)   
• Family - $15,000 (increase of $900) 

Annual Minimum Deductible Limit for HDHP

• Individual - $1,500 (increase of $100)   
• Family - $3,000 (increase of $200)