HSA contribution limit is a limit set to the amount of money an individual is allowed to contribute to their HSA (Health Savings Account).
What is an HSA?
An HSA is a tax-advantaged health savings account used to pay for an employee's medical expenses. Unlike FSA (flexible spending accounts), employees don't lose unused funds at the end of the year.
What are the current HSA contribution limits (2022)?
According to the IRS, the annual limit for self-coverage is 3650$, whereas, for family coverage, it is 7300$ for 2022.
