As of May 10, the IRS released 26 CFR 601.602, indicating inflation-adjusted increases to limits in Health Savings Accounts (HSAs) and High Deductible Health Plans (HDHPs).

Limit Increases for 2022:

HSA:  $3650 (increased from $3600)
HDHP: $7300 (increased from $7200)

Employees age 55+ may make an additional $1000 in “catch up” contributions to their HSAs.

Minimum deductibles for HDHPs remain the same, while maximum OOP expense limits increase to $7050 for self-only coverage and $14,100 for family coverage.

Employers that allow employees to make pre-tax HSA contributions will need to update their plan communications to accommodate increased contribution limits.

DII partners with business clients to navigate compliance and updated team communication about benefits legislations. If you have any questions or concerns about this update, please contact your DII representative, or chat us on our website.

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