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IRS Releases 2023 HSA and HRA Limits

On April 29, 2022, the IRS released some indexing adjustments and benefit limits for health and welfare plans for 2023, including HSA contribution limits, minimum annual HDHP deductibles, plan out-of-pocket maximums for HSA eligibility, and employer contributions to excepted benefit HRAs.

 

2022 2023
HSA Contribution Limit – Single $3,650 $3,850
HSA Contribution Limit – Family $7,300 $7,750
HSA Contribution Limit – 55+ Catch-Up Contribution $1,000 $1,000
Minimum HDHP Deductible – Single $1,400 $1,500
Minimum HDHP Deductible – Family $2,800 $3,000
Plan Out-of-Pocket Maximum for HSA Eligibility – Single $7,050 $7,500
Plan Out-of-Pocket Maximum for HSA Eligibility – Family $14,100 $15,000
Maximum amount made newly available for excepted benefit HRA $1,800 $1,950

The information we’ve been given thus far is helpful, but there is still a lot of information coming as employers plan for 2023.

Contact your OneDigital consultant if you have questions about the 2023 limits and how they can impact the benefit plans you offer and participate in.

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