This article has been updated for 2022 and 2023. The IRS has announced an inflation adjustment increase to the maximum HSA contribution for 2023, and there will be in increase over the max HSA contribution for 2022. More specifically, both the individual and family contribution maximums will increase from 2022 to 2023, which is great news for savers. The IRS announces this annual inflation increase for HSAs in May, separate from retirement accounts (e.g. 401Ks, IRAs) in November. And with inflation increasing in the past year, there will be a fairly big jump next year. There will also be...
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[Read the rest of the story at 20somethingfinance.com]