Contribution Limit to HSAs Increasing in 2024
For self-only enrollments, the limit is raised from $3,850 in 2023 to $4,150 in 2024. For those with self-plus-one or family coverage, the contribution limit goes from $7,750 to $8,300. Participants 55 and older can continue to contribute an extra $1,000 to their HSAs.
If you have a high-deductible health care plan, you are eligible for an HSA, allowing you ...