IRS Releases HSA Adjusted Amounts for 2024


On May 16th, the IRS released Rev. Proc. 2023-23, which outlines the 2024 inflation-adjusted amounts for Health Savings Accounts and compatible High Deductible Health Plans. Adjusted amounts include HDHP calendar year minimum deductibles, out-of-pocket maximums and the annual HSA contribution limits as follows: 2024 2023 Change HDHP Minimum Deductible Individual $1,600 $1,500 +$100 Family $3,200 [...]