IRS Releases HSA Limits for 2023
IRS recently issued Revenue Procedure 2022-24, which provides the 2023 cost-of-living contribution and coverage adjustments for HSAs, as required under Code Section 223(g). It also includes the 2023 limit for Excepted Benefit HRAs. The limits for many items have increased for 2023.
2022 |
2023 |
|
| Annual HSA Contribution Amounts
Individual Family Catch-up |
$3,650 $7,300 $1,000 |
$3,850 $7,750 $1,000 |
| Annual Maximum Out-of-Pocket Limits for HDHP
Individual Family |
$7,050 $14,100 |
$7,500 $15,000 |
| Annual Minimum Deductible Amount Limits for HDHP
Individual Family |
$1,400 $2,800 |
$1,500 $3,000 |
| Excepted Benefit HRA |
$1,800 |
$1,950 |
For a copy of Revenue Procedure 2022-24, click here.
If you have any comments or questions regarding any of the above information, please do not hesitate to call me at (708) 717-9638 or email me at larry@larrygrudzien.com
