IRS Adjusts HSA Limits for 2022
As it does each year, the IRS has announced changes for health savings accounts, which are associated with high-deductible health plans.
The figures for 2022:
According to the Society for Human Resource Management, the government bases its decision on the Consumer Price Index for All Urban Consumers for the 12-month period ending on March 31.
The IRS has made a similar adjustment to maximum out-of-pocket amounts:
The catch-up contribution amount for those 55 and older is not automatically adjusted and remains at $1,000.
Also remaining the same are minimum deductibles:
More information is available in IRS Rev. Proc. 2021-25.
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