The IRS has announced updated Health Savings Account (HSA) contribution limits for 2026. For self-only coverage, the limit will be $4,400, a $100 increase from 2025. For family coverage, the limit will be $8,750, an increase of $200. The catch-up contribution limit for those 55 and older remains at $1,000.
These new limits will take effect on January 1, 2026. The increased limits allow individuals and families to save more money in their HSAs, which offer tax advantages for healthcare expenses.
Here’s a more detailed breakdown:
- Self-Only Coverage: $4,400 (up from $4,300 in 2025).
- Family Coverage: $8,750 (up from $8,550 in 2025).
- Catch-Up Contributions (age 55+): $1,000 (unchanged).
Remember: To qualify for an HSA, you must be enrolled in a high-deductible health plan (HDHP).
The IRS also adjusted the minimum deductible and maximum out-of-pocket amounts for HDHPs for 2026:
- Minimum Deductible: $1,700 for individuals, $3,400 for families.
- Maximum Out-Of-Pocket: $8,500 for individuals, $17,000 for families.
Original content by the Drip Marketing Inc.. This information is provided with the understanding that Payroll Partners is not rendering legal, human resources, or other professional advice or service. Professional advice on specific issues should be sought from a lawyer, HR consultant or other professional.
