The IRS has released the 2025 inflation-adjusted amounts for health savings accounts (HSAs). The annual contribution limit for individuals with self-only coverage will increase to $3,650, while the limit for individuals with family coverage will increase to $7,300. The minimum annual deductible for a high-deductible health plan (HDHP) will remain at $1,400 for self-only coverage and $2,800 for family coverage.
The IRS today released Rev. Proc. 2024-25 that provides the inflation-adjusted limits related to health savings accounts (HSAs) and high deductible health plans (HDHPs) for calendar year 2025.
Rev. Proc. 2024-25 provides the 2025 annual limitation on deductions under section 223(b)(2)(A) and (B) for contributions to HSAs, respectively, for:
For calendar year 2025, a “high deductible health plan” or “HDHP” is defined under section 223(c)(2)(A) as a health plan:
Read TaxNewsFlash for the HSA and HDHP limits adjusted for inflation for 2024.
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