IRS 2023 Limits for HSAs
The limit amounts for HSAs for 2023 as compared to 2022 are as follows:
| HSA Limits |
2023 Limits Rev. Proc. 2022-24 |
2022 Limits Rev. Proc. 2021-25 |
| Annual limitation on deductions to an HSA -- Self-only coverage | $3,850 | $3,650 |
| Annual limitation on deductions to an HSA -- Family coverage | $7,750 | $7,300 |
| High Deductible Health Plan (HDHP) -- Self-only coverage | ||
| Annual deductible not less than: | $1,500 | $1,400 |
| Annual out-of-pocket expenses do not exceed: | $7,500 | $7,050 |
| High Deductible Health Plan (HDHP) -- Family coverage | ||
| Annual deductible not less than: | $3,000 | $2,800 |
| Annual out-of-pocket expenses do not exceed: | $15,000 | $14,100 |
The IRS will update the remaining 2023 employee benefit plan limit changes throughout 2022; 2023 limits will be updated accordingly on this page once the IRS makes any additional limit announcements.
IRS 2022 Employee Benefit Plan Limits
The table below compares the applicable dollar limits for certain employee benefit programs and the Social Security wage base for 2021 and 2022.*
| Health Flexible Spending Accounts | 2022 | 2021 |
| Maximum salary reduction limit | $2,850 | $2,750 |
| Health FSA Carryover Limit | $570 | $550 |
| Dependent Care Flexible Spending Accounts± | 2022 | 2021 |
| If employee is married and filing a joint return or if the employee is a single parent |
$5,000 |
$5,000 |
| If employee is married but filing separately | $2,500 | $2,500 |
(2021 limits raised to $10,500 for 2021 based on the American Rescue Plan Act passed March 11, 2021)
| 2022 | 2021 | |
| Expected Benefit Health Reimbursement Arrangements | $1,800 | $1,800 |
|
Qualified Transportation Fringe Benefit and Qualified Parking (monthly limit) |
$280 | $270 |
| Adoption Assistance Exclusion | $14,890 | $14,440 |
| High Deductible Health Plans (HDHP) and Health Savings Accounts (HSA) | ||
| 2022 | 2021 | |
| HDHP — Maximum annual out-of-pocket limit (excluding premiums): | ||
| Self-only coverage | $7,050 | $7,000 |
| Family coverage | $14,100 | $14,000 |
| HDHP — Minimum annual deductible: | ||
| Self-only coverage | $1,400 | $1,400 |
| Family coverage | $2,800 | $2,800 |
| HSA — Annual contribution limit: | ||
| Self-only coverage | $3,650 | $3,600 |
| Family coverage | $7,300 | $7,200 |
| Catch-up contributions (age 55 or older)± | $1,000 | $1,000 |
|
ACA In-Network Out-Of-Pocket Limits For Non-Grandfathered Plan Note: This is different than the HDHP Maximum out-of-pocket limit described above |
||
| Self-only coverage | $8,700 | $8,550 |
| Family coverage | $17,400 | $17,100 |
| Retirement Plan Limits | 2022 | 2021 |
| Annual compensation limit | $305,000 | $290,000 |
| 401(k), 401(k) Roth & 403(b) contributions | $20,500 | $19,500 |
| Catch-up contributions (if age 50 or older) | $6,500 | $6,500 |
| Highly compensated employee threshold | $135,000 | $130,000 |
| Key employee officer compensation threshold | $200,000 | $185,000 |
| Defined benefit plan annual benefit and accrual limit | $245,000 | $230,000 |
| Defined contribution plan annual contribution limit | $61,000 | $58,000 |
| Social Security Taxable Wage Base | $147,000 | $142,800 |
* The dollar limits are generally applied on a calendar year basis; however, certain dollar limits are applied on a plan-year, tax-year, or limitation-year basis.
± Not indexed for cost-of-living adjustments.