2022 HSA Contribution Limits and More Announced by IRS

2022 HSA contribution limits

The Internal Revenue Service (IRS) published the 2022 annual contribution limits for Health Savings Accounts (HSAs) on Monday, May 10. The announcement also featured the high deductible health plan minimum deductibles and out-of-pocket maximum amounts for next year. Learn more about 2022 HSA contribution limits.

2022 HSA Contribution Limits

In 2022, HSA owners will see an increase in how much they can contribute to their accounts.

The annual limit for those with self-only coverage is $3,650, an increase of $50 from 2021. For those with family coverage, the 2022 annual limit is $7,300, up $100 from the previous year.

The limit on catch up contributions for people age 55 and older stays at $1,000 over the annual limit.

2022 HDHP Minimum Deductibles

There is no change from 2021 on HDHP minimum deductibles. For 2022, an HSA-qualified HDHP will have a minimum annual deductible of $1,400 for self-only coverage and $2,800 for family coverage.

2022 Out-of-Pocket Limits

Annual out-of-pocket limits are going up next year. In 2022, the limits are capped at $7,050 for self-only plans and $14,100 for family plans.

2022 HSA Contribution Limits, HDHP Minimum Deductibles, Out-of-Pocket Limits

Annual Contribution
Limits
HDHP Minimum DeductiblesOut-of-Pocket Limits
2022
Self Only Coverage:
$3,650 (+ $50)

With Catch Up Contributions: $4,650
$1,400
(no change)
$7,050 (+ $50)
Family Coverage:$7,300 (+ $100)

With Catch Up Contributions:
$8,300
$2,800 
(no change)
$14,100 (+ $100)
2021
Self Only Coverage:
$3,600$1,400$7,000
Family Coverage:$7,200$2,800$14,000

HSA Need-to-Knows:

  • The IRS extended the 2021 tax filing deadline to May 17. HSA owners can make contributions for 2020 up to the deadline.
  • HSA owners keep and use the account for life, regardless of their employment status or health insurance coverage.
  • An HSA can be used for a long list of eligible healthcare expenses. These include COVID-19 PPE, menstrual care products, and over-the-counter medications.

DataPath Administrative Services offers HSA management services, including claims adjudication, distributions, and more.

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