If you’re covered by a high-deductible health plan (HDHP), you can contribute pretax income to a Health Savings Account (HSA). Funds can be withdrawn tax-free to pay qualified medical expenses. The IRS annually adjusts various HSA and HDHP limits for inflation. For 2027, the maximum HSA contribution amount will be $4,500 for individuals (vs. $4,400 for 2026) and $9,000 for family coverage (vs. $8,750 for 2026). The minimum HDHP deductible will be $1,750 for individuals (vs. $1,700 for 2026) and $3,500 for family coverage (vs. $3,400 for 2026). The maximum HDHP out-of-pocket cost will be $8,700 for individuals (vs. $8,500 for 2026) and $17,400 for family coverage (vs. $17,000 for 2026). For more information, contact us.
High Deductible Health Plan (HDHP) and Health Savings Account (HSA) Contributions
If you’re covered by a high-deductible health plan (HDHP), you can contribute pretax income to a Health Savings Account (HSA). Funds can be withdrawn tax-free to pay qualified medical expenses. The IRS annually adjusts various HSA and HDHP limits for inflation. For 2027, the maximum HSA contribution amount will be $4,500 for individuals (vs. $4,400 for 2026) and $9,000 for family coverage (vs. $8,750 for 2026). The minimum HDHP deductible will be $1,750 for individuals (vs. $1,700 for 2026) and $3,500 for family coverage (vs. $3,400 for 2026). The maximum HDHP out-of-pocket cost will be $8,700 for individuals (vs. $8,500 for 2026) and $17,400 for family coverage (vs. $17,000 for 2026). For more information, contact us.
