The IRS released the 2024 health savings accounts (HSA) limits for high deductible health plans (HDHP).

Self-coverage: $4,150 for 2024 (2023 was $300 less)

Family coverage: $8,300 for 2024 (2023 was $550 less)

Catch-up contribution: $1,000 for those 55 or older (unchanged from 2023)

HDHP Minimum annual deductible:

• Self-coverage only: $1,600 (2023 was $100 less)

• Family coverage: $3,200 (2023 was $200 less)

HDHP Maximum annual out-of-pocket expenses (deductibles, copayments, and other non-premium amounts):

• Self-coverage only: $8,050 (2023 was $550 less)

• Family coverage: $16,100 (2023 was $1,100 less)

https://www.irs.gov/pub/irs-drop/rp-23-23.pdf