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HSA contribution limits for 2024-2025. ... Those age 55 and older can make an additional $1,000 catch-up contribution. Add those figures up and a couple could save as much as $10,600 in their HSAs ...
Contribution Limits and Rules. ... under an HDHP can contribute a maximum of $4,150 to their HSA in 2024 and $4,300 in 2025. ... 55 you can make an additional $1,000 in catch-up contributions.
For 2024, self-only HSAs will rise to a contribution limit of $4,150 (up from $3,850 in 2023) and family HSAs will rise to $8,300 (up from $7,750), according to the Alegeus website.
Here’s what you need to know about upcoming changes to Health Savings Accounts. ... up from $2,100 in 2024. ... One item that didn’t change for 2025 is the catch-up amount for those ages 55 ...
Contributions are tax-deductible: For example, if you contribute $4,000 to your HSA, your taxable income decreases by that amount. Tax-free growth: Funds in the account grow tax-free, whether ...
The maximum contribution for an IRA is $7,000 in 2024 and 2025 for those under age 50. Those who are age 50 and older can make an additional $1,000 catch-up contribution. ... HSA contribution ...
In 2024, the HSA contribution limit is $4,150 ($4,300 in 2025) for individuals and $8,300 ($8,550 in 2025) for families. ... Catch-up contributions are also available for HSAs beginning at age 55 ...
A health savings account (HSA) is a tax-advantaged account designed to help you save for future medical costs. ... families can contribute up to $8,300 to an HSA in 2024, and individuals can ...