The US Internal Revenue Service (IRS) published on Thursday, 9 May, 2024, the Rev. Proc. 2024-25, in which it detailed the inflation-adjusted limits for Health Savings Accounts (HSAs) and High Deductible Health Plans (HDHPs) for the 2025 calendar year.
The Rev. Proc. 2024-25 outlines the annual deduction limits for contributions to HSAs for 2025 under sections 223(b)(2)(A) and (B).
A limit of USD 4,300 for individuals with self-only coverage under an HDHP, which is up from USD 4,150 in 2024.
A limit of USD 8,550 for individuals with family coverage under an HDHP, which is up from USD 8,300 in 2024.
For the calendar year 2025, an HDHP is outlined under section 223(c)(2)(A) as a health plan that includes:
- The annual deductible is at least USD 1,650 for self-only coverage (up from USD 1,600 in 2024) and USD 3,300 for family coverage (up from USD 3,200 in 2024).
- The total of the annual deductible and all out-of-pocket expenses — which includes co-payments or other amounts but excludes premiums — should not surpass USD 8,300 for self-only coverage (up from USD 8,050 in 2024) or USD 16,600 for family coverage (up from USD 16,100 in 2024).
