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IRS Announces 2022 HSA Contribution Limits

September 10, 2021/in Compliance, Employee Benefits/by Cornerstone

According to the IRS, the 2022 HDHP “annual out-of-pocket expenses (deductibles, co-payments, and other amounts, but not premiums) [may not] exceed $7,050 for self-only coverage or $14,100 for family coverage.”

The 2022 annual contribution limit to an HSA for individuals with self-only coverage under an HDHP has been increased to $3,650, and the HSA contribution limit for individuals with family coverage under an HDHP has been increased to $7,300.

Did you know that Cornerstone keeps track of the most recent updates to benefit limits for the upcoming year and years past? Click here to download the latest version of the document!

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