What is the Maximum Amount for HSA?

Health Savings Accounts (HSAs) are a great way to save for medical expenses while enjoying tax benefits. One common question that arises is, what is the maximum amount for an HSA?

For the current year 2021, the maximum contribution limit for an individual with self-only coverage is $3,600, and for those with family coverage, it is $7,200.

Here are some key points to consider about HSAs:

• Contributions to an HSA are tax-deductible and grow tax-free.
• Unused funds roll over year after year – there is no
  

  Health Savings Accounts (HSAs) are a fantastic way for individuals and families to save for medical expenses while enjoying significant tax advantages. If you're wondering about the maximum contribution amounts for HSAs, for 2021, individuals with self-only coverage can contribute up to $3,600, while those with family coverage can contribute up to $7,200.