Every year the Internal Revenue Service (IRS) decides if there will be an increase in Health Savings Account (HSA) contribution limits, minimum deductibles, and maximum out-of-pocket amounts.

The IRS has released the 2023 inflation-adjusted HSA contribution limits.  If you are on an HSA qualified plan or considering enrolling in one, this applies to you.


2023 Contribution and Out-of-Pocket Limits
for Health Savings Accounts and High-Deductible Health Plans
2022 2023 Change
HSA contribution limit (employer + employee) Self-only: $3,650
Family: $7,300
Self-only: $3,850
Family: $7,750
Self-only: +$200
Family: +$450
HSA catch-up contributions (age 55 or older) $1,000 $1,000

No change


HDHP minimum deductibles Self-only: $1,400
Family: $2,800
Self-only: $1,500
Family: $3,000
Self-only: +$100
Family: +$200
HDHP maximum out-of-pocket amounts (deductibles, copayments and other amounts, but not premiums) Self-only: $7,050
Family: $14,100
Self-only: $7,500
Family: $15,000
Self-only: +$450
Family: +$900


Reference:  www.irs.gov/pub/irs-drop/rp-22-24.pdf