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IRS Announces Maximum HSA Contributions for 2023 & 2024

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This article has been updated for the 2023 and 2024 tax years. If you’ve been following this site, you know that I have been a big fan of health savings accounts (HSAs) and made the maximum annual HSA contribution when I was eligible to do so. Good news on that front. The IRS has announced an inflation adjustment increase to the maximum HSA contribution amounts for 2024, and there will be sizable increases over the maximum HSA contributions for 2023 that were announced previously. Both the individual and family HSA contribution maximum amounts (detailed below) will increase from 2023 to

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