If you have any money left in your Health Savings Account, HSA, at the end of the year, it will roll over into the next year — and the next year, and the next.
In other words, although there are annual limits on how much you can contribute, you can keep whatever money you don’t spend, meaning you could save up quite a bit in your HSA over time if that’s what you wanted.
2024 Contribution Limits
For 2024, employees with a Health Saving Account (HSA) may elect to contribute up to an annual maximum of:
- $4,150 for self-only coverage
- $8,300 for family coverage
2023 Contribution Limits
For 2023, employees with a Health Saving Account (HSA) were able to elect to contribute up to an annual maximum of:
- $3,850 for self-only coverage
- $7,750 for family coverage
Questions? We are happy to help! Please reach out to Benepass Support for any assistance.