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Saving for retirement will get a boost in 2025 thanks to higher contribution limits and the phase-in of provisions stemming from the Secure 2.0 Act. ... the HSA contribution limit rises to $8,550 ...
The maximum contribution for self-only coverage is $4,300 ($4,150 in 2024). The maximum contribution for family coverage is $8,550 ($8,300 in 2024). Those age 55 and older can make an additional ...
Health savings account (HSA) contribution limits increase. ... the limit will increase by $500 to $23,500 in 2025. The catch-up contribution limit for those over 50 remains at $7,500 for 2025 ...
HSA contribution limits for 2025 are $4,300 for self-only coverage and $8,550 for family coverage. If you’re 55 or older, you can contribute an additional $1,000.
In 2025, these limits will rise to $4,300 and $8,550, respectively. Adults 55 and older may add $1,000 to these limits in both years. HSA contributions reduce your taxable income, just like ...
The 401(k) contribution limit is $23,500 for 2025, with a $7,500 catch-up contribution allowed for those 50 or older. 6. Set up an HSA if you can -- or an FSA.
The 2025 minimum deductible amount is $1,650 for individuals and $3,300 for families. ... 2024 Contribution Limits. HSA members can contribute up the annual maximum amount:
The maximum contribution for an IRA is $7,000 in 2024 and 2025 for those under age 50. ... and the HSA contribution limit for an individual is $4,150 in 2024 and $4,300 in 2025. For a family ...
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