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IRS Announces 2022 Limits for HSAs and High-Deductible Health Plans

Health savings account (HSA) contribution limits for 2022 are going up $50 for self-only coverage and $100 for family coverage, the IRS announced May 10, giving employers that sponsor high-deductible health plans (HDHPs) plenty of time to prepare for open enrollment season later this year.

The annual inflation-adjusted limit on HSA contributions will be $3,650 for self-only and $7,300 for family coverage. That’s about a 1.4 percent increase from 2021.

In Revenue Procedure 2021-25, the IRS confirmed HSA contribution limits effective for calendar year 2022, along with minimum deductible and maximum out-of-pocket expenses for the HDHPs with which HSAs are paired.

2022 Limits for HSAs

“For HSA-qualified insurance plans, the minimum deductibles will remain the same as for 2021, but the annual out-of-pocket maximums will increase slightly for 2022,” said Roy Ramthun, president and founder of HSA Consulting Services. This means health plans do not need to substantially change their plan designs for 2022.

Contribution and Out-of-Pocket Limits
for Health Savings Accounts and High-Deductible Health Plans
20222021Change
HSA contribution limit (employer + employee)Self-only: $3,650 
Family: $7,300
Self-only: $3,600
Family: $7,200
Self-only: +$50
Family: +$100
HSA catch-up contributions (age 55 or older)$1,000$1,000No change
HDHP minimum deductiblesSelf-only: $1,400
Family: $2,800
Self-only: $1,400
Family: $2,800
No change
No change
HDHP maximum out-of-pocket amounts (deductibles, co-payments and other amounts, but not premiums)Self-only: $7,050
Family: $14,100
Self-only: $7,000
Family: $14,000
Self-only: +$50
Family: +$100