2022 Health Savings Account (HSA) Limits
Each year, the Internal Revenue Service (IRS) sets contribution limits for health savings accounts (HSAs). This year the contribution limits have increased by $50 for individuals and $100 for families. The new 2022 HSA contribution limits are as follows:
Maximum HSA Contribution Level
$3,650 for individual coverage
$7,300 for family coverage
Minimum Deductible for Qualifying High Deductible Health Plan (HDHP)
$1,400 for individual coverage
$2,800 for family coverage
Maximum Out-of-Pocket Expenses for HDHP
$7,050 for individual coverage
$14,100 for family coverage
The new limits increase the pre-tax amounts individuals and families may contribute to their HSA over 2021 limits by $50 and $100, respectively, though the minimum deductible for qualifying health plans remains the same from 2021 to 2022. Out-of-pocket maximums are up $50 for individuals and $100 for families over 2021 limits.
Please note, people who have an HSA and are over age 55 can also contribute an extra $1,000 annually, in what is commonly called a “catch-up” contribution.
Should you have questions regarding your plan or interest in adding an HSA benefit, please contact your Pro-Flex Benefits Administrator.
PRO-FLEX ADMINISTRATORS
www.proflextpa.com
8321 Main St.
Williamsville, NY 14221
Phone: 716-633-2073
E-mail: csr@proflextpa.com
