The IRS has unveiled the 2025 contribution limits for health savings accounts, which are triple-tax advantaged for medical expenses.
The new HSA contribution limit for 2025 will be $4,300 for self-only health coverage, up from $4,150 in 2024, based on inflation adjustments, the IRS announced Thursday.
The contribution limit will also increase for savers with family coverage.
The IRS will release the 2025 catch-up contribution for savers age 55 and older later this year.
The IRS defines "high-deductible" as at least $1,650 for self-only plans or $3,300 for family coverage for 2025.
Persons:
Roth, HSAs
Organizations:
IRS, Finance, of America
Locations:
HSAs