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IRS announces 2023 HSA limits

Authored by Bukaty Companies on May 16, 2022

IRS-adjusted contribution limits for 2023 Health Savings Accounts (HSA) represent approximately a 5.5% increase over 2022 limits. Changes are effective January 1, 2023. HSAs are tax-exempt accounts that help people save money for eligible medical expenses. To qualify for an HSA, the policyholder must be enrolled in an HSA-qualified, high deductible health plan (HDHP), must not be covered by other non-HDHP health insurance or Medicare, and cannot be claimed on a tax return.

HSA limits 2022 2023
Self-only contribution (employee + employer)  $3,650  $3,850 
Family contribution (employee + employer)  $7,300  $7,750 
HSA catch-up contribution (55 and over)  $1,000  $1,000 
Self-only HDHP minimum deductible  $1,400  $1,500 
Family HDHP minimum deductible $2,800  $3,000 
Self-only HDHP out-of-pocket maximum  $7,050  $7,500 
Family HDHP out-of-pocket maximum  $14,100  $15,000 



For additional information, contact your Bukaty benefits consultant at 913.345.0440.

Blog Category: Benefits, HSA