HSA Limits 2023 What are the 2023 limits for HSA accounts? Annual contribution limits, minimum deductibles, and out-of-pocket maximums for health savings accounts (HSAs) are shown below. You can contribute to an HSA if you are covered under a high deductible health plan (HDHP) and meet certain other requirements. 2022/2023 Annual HSA Contribution Limitation The maximum HSA contributions for 2022 and 2023 are: 2022 2023 HSA contribution limit (employer +
What is a High-Deductible Health Plan?
(This post was originally published in May, 2013 and was updated in Nov 2016, Oct 2017, Aug 2018, Nov 2019, May 2020, June 2021, and May 2022) A high-deductible health plan (HDHP) is just what the name implies. It is a health insurance plan that has a higher deductible than traditional insurance plans. An HDHP also has lower premiums than traditional coverage. In plain English, when you’re covered by an
