2022 HSA Contribution Limits

by Derek Loucks CPA May 26th, 2022     |     Share   

Health Savings Accounts (HSAs) are a great way to pay for medical expenses with pre-tax dollars. 

To qualify for a HSA, you must be enrolled in a HSA qualified health insurance plan. Check with your medical insurance provider to verify.

If you are enrolled in a qualified HSA health insurance plan you are permitted to make pre-tax contributions to the account. If your employer offers a pre-tax HSA plan, you may be eligible to make contributions before social security and Medicare taxes. Additionally, some employers offer a matching contribution program. Even if your employer doesn’t offer a HSA plan, you may still contribute funds outside of payroll if enrolled in a HSA qualified health insurance plan. 

The contribution limits for 2022 are $3,650 for self-only plans and $7,300 for family plans. 

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Derek Loucks CPA

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