Yesterday, the IRS announced the Health Savings Account limits for 2022. With respect to contribution limits, the limits are slightly higher than the ones for 2021. As a reminder, these inflation adjusted amounts are effective for calendar year 2022.
|HSA/HDHP Requirement||Cost-of-Living Adjustments|
|Limit on HSA Contributions – Self-only HDHP||2021 – $3,600
2022 – $3,650
|Limit on HSA Contributions – Family HDHP||2021 – $7,200
2022 – $7,300
|HDHP Required Deductible – Self-only HDHP||2021 – $1,400
2022 – $1,400
|HDHP Required Deductible – Family HDHP||2021 – $2,800
2022 – $2,800
|HDHP Out-of-pocket Maximum – Self-only HDHP||2021 – $7,000
2022 – $7,050
|HDHP Out-of-pocket Maximum – Family HDHP||2021 – $14,000
2022 – $14,100
|HSA Catch-up Contribution Limit||2021 – $1,000
2022 – $1,000
All of the above are for calendar year 2022.
For further information, please contact Attorney Mary Ellen Schill, who prepared this article, or any of the attorneys within the Employment & Benefits group at Ruder Ware.
The content in the following blog posts is based upon the state of the law at the time of its original publication. As legal developments change quickly, the content in these blog posts may not remain accurate as laws change over time. None of the information contained in these publications is intended as legal advice or opinion relative to specific matters, facts, situations, or issues. You should not act upon the information in these blog posts without discussing your specific situation with legal counsel.
© 2021 Ruder Ware, L.L.S.C. Accurate reproduction with acknowledgment granted. All rights reserved.