The IRS has announced the 2022 HSA contribution limits, HDHP minimum deductibles, and maximum out-of-pocket expense limits. Also included in the agency’s announcement are the 2022 limits for Excepted Benefit HRAs. Learn more below.
2022 HSA Contribution Limits
Health Savings Account (HSA) owners will see an increase in how much they can contribute to their accounts next year.
For those with self-only coverage, the limit increases to $3,650. For people with family coverage, the limit goes up to $7,300.
Account owners age 55 and over will be able to contribute up to $1,000 over the annual limit (no change from last year).
HDHP Minimum Deductibles
For calendar year 2022, an HSA-qualified HDHP will have a minimum annual deductible of $1,400 for self-only coverage and $2,800 for those with family coverage. There is no change from 2021.
Out-of-Pocket Limits
There is an increase for out-of-pocket limits. Annual out-of-pocket limits are capped at $7,050 for self-only coverage and $14,100 for family coverage.
2022 HSA Contribution Limits, HDHP Deductibles, and Out-of-Pocket Limits
| 2022 | 2021 | ||
| HSA Contribution Limits | Self-Only Coverage: $3,650 (+ $50) Family Coverage: $7,300 (+ $100) | Self-Only Coverage: $3,600 Family Coverage: $7,200 | |
| HDHP Minimum Deductibles | Self-Only Coverage: $1,400 (no change) Family Coverage: $2,800 (no change) | Self-Only Coverage: $1,400 Family Coverage: $2,800 | |
| Out-of-Pocket Limits | Self-Only Coverage: $7,050 (+ $50) Family Coverage: $14,100 (+ $100) | Self-Only Coverage: $7,000 Family Coverage: $14,000 |
Excepted Benefit HRA Limits for 2022
For 2022, the annual limit for Excepted Benefit HRAs (EBHRAs) remains the same at $1,800. An EBHRA is an employer-funded benefit that may be used for vision and dental copays, deductibles, and premiums; the account can also cover COBRA insurance, long-term care, short-term care and other “excepted benefits.”