News & Resources


IRS Announces HSA Limits for 2022

BY: Jyme Mariani, Esq. | 05/14/21

The IRS announced the 2022 maximum contribution levels for health savings accounts (HSAs) and out-of-pocket spending limits and deductible minimums for high deductible health plans (HDHPs) that must be used in conjunction with HSAs [Rev. Proc. 2021-25].

Annual Contribution Levels for HSAs

The maximum annual HSA contribution for an eligible individual with self-only coverage is $3,650 ($3,600 in 2021).

For family coverage, the maximum annual HSA contribution is $7,300 ($7,200 in 2021).

Amounts for Out-of-Pocket Spending on HSA-compatible HDHPs

The maximum annual out-of-pocket amount for HDHP self-only coverage is $7,050 ($7,000 in 2021), and the maximum annual out-of-pocket amount for HDHP family coverage is twice that at $14,100 ($14,000 in 2021).

Minimum Deductible Amounts for HSA-compatible HDHPs

The minimum deductible for HDHPs is $1,400 (unchanged from 2021) for self-only coverage and $2,800 (unchanged from 2021) for family coverage.

Maximum Amount Available Under an Excepted Benefit HRA

The maximum amount that may be made available for an excepted benefit health reimbursement arrangement (HRA) is $1,800 (unchanged from 2021).

To learn more about federal and state laws, regulations, and information to keep your company's payroll operations in compliance, check out Payroll Source Plus!

Jyme Mariani, Esq., is Managing Editor of Payroll Currently and Payroll Information Resources for the APA.