What is the Maximum HSA Contribution for a Single Head of Household?

When it comes to Health Savings Accounts (HSAs), understanding the maximum contribution limits is essential for maximizing the benefits. For a single head of household, the maximum HSA contribution varies based on the tax year.

Here is the breakdown of the maximum annual HSA contribution for a single head of household:

• For 2021: $3,600
• For 2022: $3,650

It's important to note that these contribution limits may be adjusted annually by the IRS. Contributing the maximum allowed amount to your HSA can help you save on taxes while building a healthcare nest egg for the future.

When navigating the world of Health Savings Accounts (HSAs), it’s crucial to be aware of the maximum contribution limits set by the IRS. For those classified as single heads of household, these limits differ slightly year by year. As of 2021, you could contribute a maximum of $3,600, which increased to $3,650 in 2022. Staying informed about these changes ensures you can optimize your savings and healthcare expenditures.