Health Savings Account Contribution Limits Will Increase in 2025

Information you can use to add additional funds to your health savings account in 2025.

Health Savings Accounts are already an unsung hero of saving money in an account for medical expenses without paying taxes on those funds. But in 2025, the benefits will get even better because the Internal Revenue Service has increased the contribution limits starting Jan.1 of that year. The IRS cites inflation as the need for the change.

If your employer or health insurance provider offers an HSA, request information about opening an account. If you are a member of a high deductible health care plan, you can open an account on your own through your bank or health care plan.

If you already have an HSA, these are the changes coming up when the calendar rolls to 2024. You can see all the changes in the chart below. 

Contributions 2025 2024 Change
HSA contribution limit
employer + employee		 Self-only: $4,300
Family: $8,550		 Self-only: $4,150
Family: $8,300		 Self-only: +$150
Family: +$250
HSA catch-up contributions
age 55 and older		 $1,000 $1,000 No change
(set by statute)
HDHP minimum deductibles Self-only: $1,650
Family: $3,300		 Self-only: $1,600
Family: $3,200		 Self-only: +$50
Family: +$100
HDHP maximum out-of-pocket amounts
(deductibles, co-payments and other amounts, but not premiums)		 Self-only: $8,300
Family: $16,600		 Self-only: $8,050
Family: $16,000		 Self-only: +$250
Family: +$600

HSAs are typically used for qualified expenses like dental work, prescription or over-the-counter medications, insurance co-pays or deductibles.

Many Americans don’t know that the funds in an HSA (minimums vary by employer) can also be invested to earn additional money for expenses or retirement.

This material is for informational purposes only. Always consult a qualified tax advisor for information as to how taxes may affect your particular situation.

The information provided in these articles is intended for informational purposes only. It is not to be construed as the opinion of Central Bancompany, Inc., and/or its subsidiaries and does not imply endorsement or support of any of the mentioned information, products, services, or providers. All information presented is without any representation, guaranty, or warranty regarding the accuracy, relevance, or completeness of the information.
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