These are the IRS-approved annual maximum contribution amounts that are allowed for an HSA account. This limit applies to the combined total of both employee and employer contributions.
| IRS HSA Contribution Limits | 2025 Limit | 2024 Limit | 2023 Limit |
|---|---|---|---|
| Employee Only | $4,300 | $4,150 | $3,850 |
| Employee + Spouse, Employee + Child(ren), Family | $8,550 | $8,300 | $7,750 |
HSA *Catch-up Contribution - ALL plans *available in excess of the employee deferral limit, for people age 55 and older | $1,000 | $1,000 | $1,000 |
Age 55 or Older Additional Contribution Details
HSA enrollees who are age 55 or older can contribute an extra $1,000 "catch-up contribution" annually to their HSAs. The catch-up contribution can be made during the year (prior to their birthday) by account holders who will turn 55 by year-end.
The IRS publishes an annual HSA contribution maximum each year. Although the amounts the IRS publishes are annual amounts, the amount an employee can contribute to the HSA tax-free is based on a pro-rated, per-month calculation. An employee is eligible for 1/12th of the annual maximum contribution for every month during the calendar year in which they were covered by medical insurance.
If you had medical benefits for all 12 months, you are eligible for the full maximum HSA contribution. If you had benefits for 6 months, you are eligible to contribute half the annual limit. If an employee's HSA contributions for a year exceed the pro-rated amount for which they were eligible to contribute to an HSA, they will be responsible for paying taxes on the excess HSA contribution amount as well as a 6% penalty.
Contributions, earnings, and distributions (when used to pay for qualified health expenses) are 100% exempt from federal income tax and FICA tax.
6 Comments
Barb Seckler
FYI Tonya Bartels and Sarah Swann - I added this page and linked to it on the page HSA - Health Savings Account. This is how we do the 401(K) limits so I copied that format to be consistent.
Tonya Bartels
That is awesome Barb Seckler. Sarah and I were looking for this information the other day. Do you think we should excerpt this to the Cafeteria Form Page and the HSA Contributions page under medical insurance?
Barb Seckler
Sarah Swann next week sometime would you have time to do the excerpts Tonya mentioned here? That would be super helpful!
Julie Thomas
Tonya Bartels, are you good with this page being updated in 2024 limits? Or waiting until later in the year? I just noticed that some OE pages are linked to this page.
Tonya Bartels
This is one of the pages I update on the last day of the year that I am working in the current year. The new numbers are on this page 2024 HSA Contribution, I would be curious what links are coming here, I think the OE page has more information on it. All that being said I am totally fine with adding the 2024 information now instead of waiting Julie Thomas
Tonya Bartels
I added it and published the page.