2023 HSA Limits Released By IRS

The 2023 Health Savings Account (HSA) limits for HDHP (High Deductible Health Plans) have been released by the IRS. The individual annual limit will be $3,850 ($3,650 for 2022) and the family will be $7,750 ($7,300 for 2022) for family coverage.

HDHP plans for 2023 will have an annual deductible of not less than $1,500 for employee only coverage and $3,000 for family coverage and out of pocket annual expense maximum (includes deductibles, co-payments and other amounts, but not premiums) that do not exceed the annual limit of $7,500 for individual and $15,000 for family coverage level.