Recently, the IRS delivered inflation-adjusted limits on health savings accounts (HSAs) and high deductible health plans (HDHPs) for next year.
When planning for 2023, it’s important for employers that utilize HDHPs to review any increases within their current plan’s cost-sharing limits (minimum deductibles and maximizing expenses). It’s equally as important for the employers that allow employees to make pre-tax HSA contributions to update their current plan with any increased contribution limits.
To ensure you’re staying up-to-date, we’ve gathered a chart that shows the updated HSA and HDHP limits for 2023, in comparison to 2022.
Click here to learn more about the increase in HSA and HDHP limits!