On Thursday, May 9, 2024, the IRS released 2025 indexing for health savings accounts (HSAs) and excepted benefit health reimbursement arrangements (EBHRAs).
The HSA limits address both the cost-sharing requirements of the underlying high deductible health plan (HDHP) and how much can be contributed to an individual’s HSA for that calendar year. For HDHPs with an embedded per-person deductible for family coverage, the per-person deductible will need to be at least $3,300 for the plan year that begins in 2025.
| Provision | Description | 2024 | 2025 |
| HDHP Minimum Deductible | Single coverage Family coverage (note a per-person deductible would have to meet the minimum family deductible requirement) |
$1,600 $3,200 |
$1,650 $3,300 |
| HDHP Maximum Total Out-of-Pocket (OOP) | Single coverage Family coverage (note the per-person limit for non-grandfathered health plans |
$8,050 $16,100 $9,450 |
$8,300 $16,600 $9,200 |
| HSA Annual Contribution Limit | Single coverage Family coverage (plus $1,000 per HSA account holder age 55+ on Dec 31) |
$4,150 $8,300 |
$4,300 $8,550 |
| EBHRA Limit | Employer may provide up to this limit per employee for an EBHRA | $2,100 | $2,150 |
Bolton will continue to monitor regulator guidance and offer meaningful, practical, and timely information.
This material should not be considered as a substitute for legal, tax and/or actuarial advice. Contact the appropriate professional counsel for such matters. These materials are not exhaustive and are subject to possible changes in applicable laws, rules, and regulations and their interpretations.
