On May 9, 2024, the IRS distributed Revenue Procedure 2024-25 to provide the increased inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) in 2025. The IRS is required to publish these limits by June 1 every year.
These limits include the following:
- The maximum HSA contribution limit;
- The minimum deductible amount for HDHPs; and
- The maximum out-of-pocket expense limit for HDHPs.
These limits vary based on whether an individual has self-only or family coverage under an HDHP. Eligible individuals with self-only HDHP coverage will be able to contribute $4,300 to their HSAs for 2025, up from $4,150 for 2024. Eligible individuals with family HDHP coverage will be able to contribute $8,550 to their HSAs for 2025, up from $8,300 for 2024. Individuals age 55 and older may make an additional $1,000 “catch-up” contribution to their HSAs.
The minimum deductible amount for HDHPs increases to $1,650 for self-only coverage and $3,300 for family coverage for 2025 (up from $1,600 for self-only coverage and $3,200 for family coverage for 2024). The HDHP maximum out-of-pocket expense limit increases to $8,300 for self-only coverage and $16,600 for family coverage for 2025 (up from $8,050 for self-only coverage and $16,100 for family coverage for 2024).
Highlights
- Each year, the IRS announces inflation-adjusted limits for HSAs and HDHPs.
- By law, the IRS is required to announce these limits by June 1 of each year.
- The adjusted contribution limits for HSAs take effect as of Jan. 1, 2025.
- The adjusted HDHP cost-sharing limits take effect for the plan year beginning on or after Jan. 1, 2025.
Important Dates
- Jan. 1, 2025: The new contribution limits for HSAs become effective.
- 2025 Plan Years: The HDHP cost-sharing limits for 2025 apply for plan years beginning on or after Jan. 1, 2025.
Action Steps
Employers sponsoring HDHPs should review their plan’s cost-sharing limits (i.e., the minimum deductible amount and maximum out-of-pocket expense limit) when preparing for the plan year beginning in 2025. Also, employers allowing employees to make pre-tax HSA contributions should update their plan communications with the increased contribution limits.
HSA/HDHP Limits
The following chart shows the HSA and HDHP limits for 2025 as compared to 2024. It also includes the catch-up contribution limit that applies to HSA-eligible individuals age 55 and older, which is not adjusted for inflation and stays the same from year to year.
|
Type of Limit |
2024 | 2025 | Change | |
| HSA Contribution Limit | Self-only | $4,150 | $4,300 | Up $150 |
| Family | $8,300 | $8,550 | Up $250 | |
| HSA Catch-up Contributions (not subject to adjustment for inflation) | Age 55 and older | $1,000 | $1,000 | No change |
| HDHP Minimum Deductible | Self-only | $1,600 | $1,650 | Up $50 |
| Family | $3,200 | $3,300 | Up $100 | |
| HDHP Maximum Out-of-Pocket Expense Limit (deductibles, copayments and other amounts, but not premiums) | Self-only | $8,050 | $8,300 | Up $250 |
| Family | $16,100 | $16,600 | Up $500 | |
Material posted on this website is for informational purposes only and does not constitute a legal opinion or medical advice. Contact your legal representative or medical professional for information specific to your legal or medical needs.
