Because an HSA is a bank account, anyone can contribute to it, including you, your employees and your employees’ family. No matter who puts money in, there’s a limit to what can be contributed each year.

High-deductible health plan limits

To have an HSA, you have to have a high-deductible health plan (HDHP). HDHPs set limits for how much members pay for health care services before the health insurance starts paying, and their maximum out-of-pocket amount.

2025 2024 Change
HSA contribution limit
(employer + employee)

Individual: $4,300

Family: $8,550

Individual: $4,150

Family: $8,300

Individual: +$150

Family: +$250
HDHP minimum deductibles

Individual: $1,650

Family: $3,300 but not less than $3,300 per person

Individual: $1,600

Family: $3,200 but not less than $3,200 per person

Individual: +$50

Family: +$100
HDHP maximum out-of-pocket amounts
(deductibles, copayments and other amounts, but not premiums)

Individual: $8,300

Family: $16,600 but no more than $9,200 a person

Individual: $8,050

Family: $16,100 but no more than $9,450 per person

Individual: +$250

Family: +$500
HHS annual out-of-pocket limit

Individual: $9,200

Family: $18,400 but no more than $9,200 per person

Individual: $9,450

Family: $18,900 but no more than $9,450 per person

Individual: -$250

Family: -$500
HSA catch-up contributions
(age 55 or older)1
 $1,000  $1,000 No change2

1Catch-up contributions can be made any time during the year in which the HSA participant turns 55.
2Unlike other limits, the HSA catch-up contribution amount is not indexed; any increase would require legislative change.

HSA qualified expenses include:

  • Copayments for medical expenses and drugs
  • Coinsurance and deductibles determined by your health plan
  • Doctor and hospital visits, including surgeries
  • Chiropractor and podiatrist visits
  • Prescription drugs
  • X-rays and lab tests
  • Vaccinations and immunizations
  • OTC (over-the-counter) items
  • Vision expenses such as glasses or contact lenses
  • Dental and orthodontia expenses
  • Menstrual care products
  • Hearing tests, hearing aids, and other hearing loss expenses
  • Long-term hospital or nursing care
  • Treatment for alcoholism or drug abuse
  • Wheelchairs, artificial limbs
  • COBRA and Medicare plan premiums (and, if you are unemployed, other types of health insurance premiums)

Tax information and implications

There are different tax implications for the self-employed, partnerships or S-Corps. If you have questions about HSAs and tax implications, contact your accountant or refer to IRS Notice 2005-8.

Using Form 8889

Make sure your employees file Form 8889 each year they have an HSA. This form tells the IRS about all contributions and distributions made during the year and allows the account holder to list any after-tax contributions so they receive an "above-the-line" deduction.

We wrote the book on HSAs 

We offer members a digital copy of our HSA Guide, complete with a list of terms to know, information on HSA eligibility, tips on how to manage your HSA and advice about how you can best spend your HSA dollars. The guide is a quick and easy reference to help you understand the basics or brush up on your HSA knowledge – at home or on-the-go.

Download the HSA guide