2024 Inflation Adjusted Amounts for Health Savings Accounts (HSAs)

Recently, the Internal Revenue Service (IRS) announced (See¬†Revenue Procedure 2023-23) cost-of-living adjustments to the applicable dollar limits for health savings accounts (HSAs), high-deductible health plans (HDHPs) and excepted benefit health reimbursement arrangements (HRAs) for 2024. All of the dollar limits currently in effect for 2023 will change for 2024, with the exception of one limit. […]

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