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IRS Announces 2022 Limits for HSAs and High-Deductible Health Plans
May 10, 2021
IRS Announces 2022 Limits for HSAs and High-Deductible Health Plans

Health savings account (HSA) contribution limits for 2022 are going up $50 for self-only coverage and $100 for family coverage, the IRS announced May 10, giving employers that sponsor high-deductible health plans (HDHPs) plenty of time to prepare for open enrollment season later this year.

The annual limit on HSA contributions will be $3,650 for self-only and $7,300 for family coverage. That's about a 1.4 percent increase from this year.

In Revenue Procedure 2021-25, the IRS confirmed HSA contribution limits effective for calendar year 2022, along with minimum deductible and maximum out-of-pocket expenses for the HDHPs with which HSAs are paired.

"For HSA-qualified insurance plans, the minimum deductibles will remain the same as for 2021, but the annual out-of-pocket maximums will increase slightly for 2022," said Roy Ramthun, president and founder of HSA Consulting Services. This means health plans do not need to substantially change their plan designs for 2022.


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