IRS Releases 2024 HSA, HDHP, and HRA Inflation Adjusted Amounts

​​Internal Revenue Service (IRS) Revenue Procedure 2023-23 announces the calendar year 2024 annual health savings account (HSA) contribution limitation, the minimum deductible for a high-deductible health plan (HDHP), the maximum out-of-pocket expense limits for an HDHP, and the maximum amount for an excepted benefit health reimbursement arrangement (HRA).

The annual HSA contribution limit is:

    $4,150 for self-only coverage

    $8,300 for family coverage.

The minimum deductible of a HDHP is:

    $1,600 for self-only coverage

    $3,200 for family coverage.

The maximum out-of-pocket expense limit for a HDHP is:

    $8,050 for self-only coverage

    $16,100 for family coverage.

The maximum amount for an excepted benefit HRA is $2,100.