2024 HSA, HDHP and excepted-benefit HRA figures set 

Inflation-adjusted amounts for HSAs, HDHPs and excepted-benefit HRAs arrangements will go up in 2024.

May 16, 2023
IRS has announced the 2024 inflation-adjusted amounts for health savings accounts (HSAs), high-deductible health plans (HDHPs) and excepted-benefit health reimbursement arrangements (HRAs). In 2024, tax-deductible/tax-free HSA contribution limits, HDHP in-network out-of-pocket maximums and HDHP minimum annual deductibles will rise significantly from 2023 levels for both self-only and family coverage levels. The HSA catch-up contribution limit is set by statute and hasn’t changed since 2009. The 2024 maximum annual employer contribution for an excepted-benefit HRA will increase to $2,100. The table below shows the HSA, HDHP and excepted-benefit HRA limits for 2022‒2024.
Affordable Care Act (ACA) out-of-pocket maximums are higher than projected amounts. As announced by the Centers for Medicare & Medicaid Services (CMS) in December 2022, the out-of-pocket maximums for nongrandfathered group health plans under the ACA — $9,450 for self-only and $18,900 for other coverages — are higher than the 2024 HDHP out-of-pocket maximums.

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