2022 HSA Contribution Limits
The IRS has released Revenue Procedure 2021-25 notifying Health Savings Account owners of the funding and deductible limits effective January 1, 2022.
Annual HSA Contribution Limits
- Single – $3,650 ($50 increase from 2021)
- Family – $7,300 ($100 increase from 2021)
Annual Minimum Required Deductibles
- Single – $1,400
- Family – $2,800
- Single – $7,050 ($150 increase from 2021)
- Family – $14,100 ($300 increase from 2021)
SHRM has a good breakdown chart of this here: IRS Announces 2022 Limits for HSAs and High-Deductible Health Plans (shrm.org)
HSA Reporting Reminder:
If you are 55 years old or older and enrolled in a high deductible health plan an additional $1,000 can be added to these total amounts. This is considered a “Catch-up” contribution.
For more information on Health Savings Account (HSA) eligibility and utilization please contact your KBM Management Account Executive today.