IRS 2024 HSA Limits
2024 HSA Maximum Contribution
For calendar year 2024, the maximum HSA contribution is $4,150.00 for a person enrolled as single and $8,300.00 for a person enrolled as family.
Self-only contribution limit is changing from $3,850 in 2023 to $4,150 in 2024
Family contribution limit is changing from $7,750 in 2023 to $8,300 in 2024
**Catch-up contributions of $1,000 can be made during the year by HSA-eligible participants who will turn 55 by year-end.
What is a High Deductible Health Plan (HDHP)?
For calendar year 2024, a “high deductible health plan” is defined as a health plan with an annual deductible that is not less than $1,600 for self-only coverage or $3,200 for family coverage.
The maximum annual out-of-pocket expenses for 2024 plans (deductibles, co-payments, and co-insurance, but not premiums) do not exceed $8,050.00 for self-only coverage or $16,100.00 for family coverage.
| HDHP (self-only coverage) | 2023 | 2024 |
| Annual deductible not less than: | $1,500 | $1,600 |
| Annual out-of-pocket expenses don’t exceed: | $7,500 | $8,050 |
| HDHP (family coverage) | 2023 | 2024 |
| Annual deductible not less than: | $3,000 | $3,200 |
| Annual out-of-pocket expenses don’t exceed: | $15,000 | $16,100 |