The 2024 HSA Contribution Limits have been given a boost due to inflation, including minimum deductibles and maximum out-of-pocket expenses for HDHPs. Below, the changes are listed in comparison to 2023.
Health Savings Accounts (HSAs)
| Type | 2024 | 2023 |
| HDHP Min Annual Deductible – Single | $1,600 | $1,500 |
| HDHP Min Annual Deductible – Family | $3,200 | $3,000 |
| HDHP Out of Pocket Max – Single | $8,050 | $7,500 |
| HDHP Out of Pocket Max – Family | $16,100 | $15,000 |
| HSA Max Contribution Limit – Single | $4,150 | $3,850 |
| HSA Max Contribution Limit – Family | $8,300 | $7,750 |
| HSA Catch-Up Contribution Limit | $1,000 | $1,000 |
These changes can be confusing and may affect your benefits strategy. If you need assistance with your benefits, the team at Eli Advisors can help you. Contact us today!
