How Much is the Max for an HSA Account? - Understanding the Limits and Benefits

If you're considering opening a Health Savings Account (HSA), you may be wondering how much you can contribute to it each year. The maximum amount you can contribute to an HSA is dependent on several factors and is set by the IRS.

As of 2021, the maximum annual contribution limits for an HSA are:

• $3,600 for individuals
• $7,200 for families

These limits are for those under the age of 55. If you're 55 or older, you can contribute an additional $1,000 as a

Wondering about the maximum you can contribute to your Health Savings Account (HSA) this year? It's set by the IRS and can vary based on these contributions and several factors.

As of 2023, the maximum annual contribution limit for an HSA stands at:

• $3,850 for individuals
• $7,750 for families

If you're aged 55 or older, you can contribute an additional catch-up amount of $1,000, which can significantly increase your savings for healthcare expenses.