An HSA is a tax-advantaged account that you can use for qualified medical expenses. You can contribute to pre-tax money to an HSA if you are enrolled in a qualifying high-deductible health plan (HDHP). HASA funds can be used for a wide range of medical expenses, including copayments, deductibles, and prescription drugs. All HSA contributions, earnings, and qualified withdrawals are all tax-free.
2025 HSA Contribution Limits
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Individual Plan
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Family Plan
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---|---|---|
Age 54 or Younger
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$4,300.00
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$8,550.00
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Age 55 or Older
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$5,300.00
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$9,550.00
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Minimum Annual Deductible
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$1,650.00
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$3,300.00
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*Contributions for the 2024 tax year can be made until April 15, 2025
* Consult a tax professional for tax advice
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