Health Savings Account Requirements and Limits for 2022

The IRS released the 2022 health savings account (HSA) annual contribution limits and high deductible health plan (HDHP) requirements in IRS Rev. Proc. 2021-25.

The updated annual dollar amounts are set forth below.

 

 

 

 

2022 HSA Annual HSA Contribution Limits*

      • Self-only (single) HDHP coverage = $3,650
      • Other than self-only (family) HDHP coverage = $7,300

*Catch-up contributions — HSA-eligible individuals who have reached age 55 by the end of the taxable year can make an extra annual $1,000 catch-up contribution.

2022 Qualifying HDHP Coverage

      • Minimum Deductible – Self-only (single) = $1,400; Other than self-only (family) = $2,800
      • OOP Maximum – Self-only (single) = $7,050; Other than self-only (family) = $14,100


About Michelle Cammayo

Michelle Cammayo has more than 13 years of Employee Benefits experience specializing in all lines of health and welfare benefits. Today, Michelle works closely with clients and partners to provide guidance in areas of the law including ERISA, HIPAA, COBRA, FMLA and PPACA. She also oversees the Compliance Department at Bolton & Company to ensure we are helping our clients manage and eliminate risk with regards to employee benefit compliance.

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