May 17, 2024, 4:31 PM
(from SHRM) The annual limit on HSA contributions for self-only coverage in 2025 will be $4,300, a 3.6% increase from the $4,150 limit in 2024, the IRS announced May 9. For family coverage, the HSA contribution limit will jump to $8,550, up 3% from $8,300 in 2024. The jump in the contribution limits is significantly less than the roughly 7% increase seen from 2023 to 2024. Meanwhile, for 2025, a high-deductible health plan (HDHP) must have a deductible of at least $1,650 for self-only coverage, up from $1,600 in 2024, or $3,300 for family coverage, up from $3,200, the IRS noted.
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