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Here’s what you need to know about upcoming changes to Health Savings Accounts. ... from the limit in 2024 of $4,150. For an individual with family coverage, the annual limitation is $8,550 ...
The new 2025 annual limit for individuals will be $4,300, up from $4,150. For family coverage, the HSA contribution limit rises to $8,550 from $8,300 this year.
The catch-up contribution limit for those over 50 remains at $7,500 for 2025, giving you a total limit of $31,000 next year. The limits apply to pre-tax, traditional retirement plans and after-tax ...
HSA contribution limits for 2024-2025. ... Those age 55 and older can make an additional $1,000 catch-up contribution. ... and some individuals use their HSA as a retirement account.
Those who are age 50 and older can make an additional $1,000 catch-up contribution. ... and the HSA contribution limit for an individual is $4,150 in 2024 and $4,300 in 2025. For a family, those ...
For 2025, the IRS raised the contribution limits to $4,300 for individuals and $8,550 for families. If you’re 55 or older, you can contribute an additional $1,000 as a catch-up.
1. 401(k) contribution and catch-up limits are increasing A 401(k) has a pretty high contribution limit compared to other retirement accounts, which is partly why it serves as most people's main ...
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.