
HSA Requirements and Limits for 2022
June 1, 2021
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 — https://www.irs.gov/pub/irs-drop/rp-21-25.pdf.
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
For more information on HSA-eligibility, contributions and reimbursements, see our HSA Guide:
www.benefitcomply.com/resources/wp-content/uploads/2021/01/HSAGuide_V6_Jan2021-Final.pdf.
For help calculating 2021 HSA annual contribution limits, see the following spreadsheet: 2021 HSA Contribution Calculator — www.benefitcomply.com/resources/wp-content/uploads/2020/12/HSAContributionCalculations_2021.xlsx
The views and opinions expressed within are those of the author(s) and do not necessarily reflect the official policy or position of Parker, Smith & Feek. While every effort has been taken in compiling this information to ensure that its contents are totally accurate, neither the publisher nor the author can accept liability for any inaccuracies or changed circumstances of any information herein or for the consequences of any reliance placed upon it.
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