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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 ...
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.
Congress later abolished the limit based on the deductible and set statutory limits for maximum contributions. [19] All contributions to a health savings account, regardless of source, count toward the annual maximum. A catch-up provision also applies for plan participants who are age 55 or over, allowing the IRS limit to be increased.
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 ...
The IRS released information on HSA inflation-adjusted amounts for 2025 in August that specify contribution limits of up to $4,300 if you have an individual plan or $8,550 for a family plan.
December 25, 2024 at 10:45 AM. ... up to the maximum limit. This is guaranteed, risk-free. ... You can invest it and let it grow over time. When you invest in an HSA, you make contributions with ...
This means if you’re 55 or older at the end of the tax year, you’re able to contribute $4,150 to your HSA if you use an individual healthcare plan and $8,300 if you use a family plan, plus at ...
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