Use this information as a reference, but please visit irs.gov for the latest updates. Plus, if you’re over age 55, you can contribute an additional $1,000.
For 2024, the health savings account (hsa) contribution limits are $4,150 for individual coverage and $8,300 for family coverage. While a ppo is a health insurance plan.
The 2024 Hsa Contribution Limit For Families Is $8,300, A.
Health savings accounts are already an unsung hero of saving money in an account for medical expenses without paying taxes on those funds.
The Irs Announced One Of The Most Significant Increases To The Maximum Health Savings Account Contribution Limits For 2024.
The limits are set forth below.
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A Plan Must Have A Minimum Annual Deductible Of $1,650 For Individual Coverage (Up From $1,600 In 2024) Or $3,300 For Family Coverage.
Those with family coverage under an hdhp will be permitted to contribute up to $8,550 to their hsas in 2024, an increase from 2024’s $8,300 maximum contribution limit.
While A Ppo Is A Health Insurance Plan.
$4,150 for single coverage ($300 increase from $3,850)