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Here are the contribution limits for HSAs in 2024 and 2025, along with other key HSA eligibility requirements. ... HSA contribution limits for 2024-2025. ... ($8,300 in 2024). Those age 55 and ...
For 2024, the maximum you can put in is $7,000. If you're over 50, you can put in an extra $1,000 as a catch-up contribution. ... For 2024, the maximum an individual can put into an HSA is $4,150 ...
If you’re over 55, you can contribute an additional $1,000 catchup amount with either type. For 2024, the HSA contribution limit for individual coverage increases to $4,150, and the family plan ...
The maximum contribution limits policy holders may make to their HSA in 2024 are $4,150 (individual) and $8,300 (family) [15] with a $1,000 catch-up contribution for people age 55 or older. [ 24 ] Emerging issues
The catch-up contribution limit, for those 50 or older, is holding steady at $7,500. There’s an extra layer of icing for workers aged 60 to 63, thanks to the Secure 2.0 law — a higher catch-up ...
A catch-up provision also applies for plan participants who are age 55 or over, allowing the IRS limit to be increased. This "catch up" contribution limit was set to $500 for 2004, increasing $100 each year until it reached a maximum of $1,000 in 2009. [20] For 2019, the contribution limit was $3,500 for single or $7,000 for married couples and ...
For a family, those limits are $8,300 in 2024 and $8,550 in 2025. Each spouse older than age 55 adds an extra $1,000 to the contribution limit, meaning a family with two spouses over age 55 could ...
Here’s how your HSA can give your retirement savings a boost. ... In 2024, the HSA contribution limit is $4,150 for individuals and $8,300 for families. ... Catch-up contributions are also ...