IRS Announces 2025 HSA and HDHP Limits

 

The annual limit on health savings account (HSA) contributions for self-only coverage in 2025 will be $4,300, a 3.6 percent increase from the $4,150 limit in 2024, the IRS announced today. For family coverage, the HSA contribution limit will jump to $8,550, up 3 percent from $8,300 in 2024.

The jump in the contribution limits is significantly less than the roughly 7 percent increase seen from 2023 to 2024.

SHRM’s 2023 Employee Benefits Survey found that 64 percent of employer respondents offer a high-deductible health plan that is linked with a savings or spending account, like an HSA, and 63 percent of those employers offer contributions to their employees’ accounts. The average individual-only annual contribution is $1,012, according to SHRM, while the average family annual contribution is $1,585.

Source(s): SHRM, received May 9, 2024. IRS, accessed on May 16, 2024.