2022 HSA limits and HDHP limits just released by IRS
Employers looking to get a jumpstart on 2022 will want to take a look at the 2022 HSA limits just released by IRS.
IRS Revenue Procedure 2021-25 sets the limits for high deductible health plans (HDHPs) and health savings accounts (HSAs).
The numbers your team needs
Take a look at your new thresholds for these plans effective Jan. 1, 2022:
- The maximum HSA contribution for an individual with self-only HDHP coverage: $3,650 (up $50).
- The maximum HSA contribution for family HDHP coverage: $7,300 (a $100 increase).
- The max out-of-pocket amount for an HDHP for self-only coverage: $7,050 (up $50).
- The max out-of-pocket limit for an HDHP participant with a family plan: $14,100 ($100 more).
- The minimum deductible HDHP coverage: holds at $1,400 for self-only and $2,800 for family coverage.
- The maximum amount for HSA catch-up contributions for those age 55 or older again remains $1,000.
More items can be reimbursed via HSA
Remember that additional items now qualify for reimbursement under your company’s health savings account.
This spring, IRS Announcement 2021-07 greenlighted the reimbursement of personal protective equipment to protect against COVID-19.
That includes:
- masks
- hand sanitizer, and
- sanitizing wipes.
- Share on
Free Training & Resources
White Papers
Provided by UJET
White Papers
Provided by Personify Health
Further Reading
Year after year, surveys show about half of all employees don’t tap their allotted personal time off (PTO). While some companies allo...
If your company’s employees are like most, they’d score a big fat F on a financial literacy test. Every year, the Teachers ...
EBSA FY 2025 Enforcement Snapshot $1.4B recovered for workers and plans 878 civil investigations closed 253 criminal investigatio...
Some of your year-end health plan responsibilities have lifted, thanks to eleventh-hour legislation from Congress. Plan sponsors that me...
As employers finalize their 2026 budgets, rising healthcare costs are forcing tougher decisions in financial planning and employee benefits...
Reassessing HSA employer contributions can increase participation while capturing meaningful payroll tax savings. Employer contributions to...
