--- title: HSA Limits for 2022 - RMC Group description: The IRS has announced the 2022 contribution limits for HSAs. Click here to find out the limits and learn more about HSAs. image: https://rmcgp.com/hubfs/Imported_Blog_Media/HSA.png --- [ ← Back to Blog ](https://rmcgp.com/blog) # HSA Limits for 2022 Written By RMC Group Published on: November 4, 2021 **Categories:** Health and Benefits ![HSA Limits for 2022](https://rmcgp.com/hubfs/Imported_Blog_Media/HSA.png) In Rev. Proc. 2021-25, the IRS announced the 2022 contribution limits for HSAs. ### **WHAT IS AN HSA?** Think of an HSA, or Health Savings Account, as an IRA for medical expenses.  It is a savings account owned by an individual to accumulate funds to pay medical expenses not covered by insurance, such as deductibles and copays.  Like an IRA, it is funded with pre-tax contributions made by the account owner and can be invested and grows tax-free. However, unlike an IRA, the owner can withdraw funds without penalty at any age, as long as the withdrawals are used to pay qualified medical expenses.  Withdrawals for anything other than qualified medical expenses are taxed and are subject to a penalty of twenty-percent if taken before age 65.  Funds not used in any year roll over to subsequent years. An HSA may be offered by an individual’s employer.  In the alternative, an individual can create an HSA through a bank or other custodian.  Contributions are tax-deductible but are limited. An HSA is a great option for the right person.  However, it is only available to individuals covered by a High-Deductible Health Plan. ### **WHAT IS A HIGH-DEDUCTIBLE HEALTH PLAN?** A “High-Deductible Health Plan”, or HDHP, is defined in section 223(c)(2) of the Internal Revenue Code as a health plan, including an individual insurance policy, with a higher deductible than a standard health plan.  The minimum deductible is determined on an annual basis by the IRS. Congress thought that increasing deductibles would lower health insurance premiums thus reducing the overall cost of health care.  However, to protect the public from catastrophic expenses, section 223(c)(2) also limits the amount of out-of-pocket expenses that an individual may be required to pay under an HDHP. ### **WHAT ARE THE HSA LIMITS FOR 2022** In the spring of every year, the IRS releases the limits for the next year.  The limits for 2022 are found in Rev. Proc. 2021-25.  The following chart shows the limits for 2022. **Individual Coverage         Family Coverage** **Contribution Limit        **$3,650                                        $7,300 **Deductible**                         $1,400                                       $2,800 **Out-of-Pocket**                 $7,050                                       $14,100 This means that an HDHP must have a deductible of at least $1,400 for individual coverage and a deductible of at least $2,800 for family coverage.  In addition, out-of-pocket expenses in an HDHP may not exceed $7,050 for an individual and $14,100 for a family.  Finally, pre-tax contributions to an HSA are limited to $3,650 for an individual and $7,300 for a family. For more information about HSAs or [health insurance](https://rmcgp.com/health-and-benefits/) in general, please contact RMC at 239-298-8210 or [health@rmcgp.com](mailto:health@rmcgp.com).   ## Related Blog Posts [![Closing the Gap: What Women's Retirement Security Day Means for Your Future](https://rmcgp.com/hubfs/RMC%20-%20Blog%20Header-Jul-08-2026-07-55-51-4334-PM.png) ](https://rmcgp.com/blog/closing-the-gap-what-womens-retirement-security-day-means-for-your-future) ### [Closing the Gap: What Women's Retirement Security Day Means for Your Future](https://rmcgp.com/blog/closing-the-gap-what-womens-retirement-security-day-means-for-your-future) On Women’s Retirement Security Day, we spotlight the retirement savings gap between women and men—and what you can do about it. Building a secure retirement isn't easy for anyone. But for women, the... [Read More](https://rmcgp.com/blog/closing-the-gap-what-womens-retirement-security-day-means-for-your-future) [![The IRS Announces Health Plan Limits For 2027](https://rmcgp.com/hubfs/RMC%20-%20Blog%20Header%20(2)-Jun-01-2026-09-11-11-7643-PM.png) ](https://rmcgp.com/blog/the-irs-announces-health-plan-limits-for-2027) ### [The IRS Announces Health Plan Limits For 2027](https://rmcgp.com/blog/the-irs-announces-health-plan-limits-for-2027) On May 29, 2026, the IRS issued Rev. Proc. 2026-24 in which it announced cost-of-living adjustments for Health Savings Accounts (HSAs), High-Deductible Health Plans (HDHPs) and excepted benefit... [Read More](https://rmcgp.com/blog/the-irs-announces-health-plan-limits-for-2027) [![What Happens to Your Retirement Plan When You Sell Your Business?](https://rmcgp.com/hubfs/RMC%20-%20Blog%20Header%20(1)-May-28-2026-04-06-00-2941-PM.png) ](https://rmcgp.com/blog/what-happens-to-your-retirement-plan-when-you-sell-your-business) ### [What Happens to Your Retirement Plan When You Sell Your Business?](https://rmcgp.com/blog/what-happens-to-your-retirement-plan-when-you-sell-your-business) A clear summary of your options, obligations, and next steps for protecting your retirement savings through a business sale Selling your business is one of the most significant financial events of... [Read More](https://rmcgp.com/blog/what-happens-to-your-retirement-plan-when-you-sell-your-business) 1004 Collier Center Way #206 Naples, FL 34110 ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "RMC Group", "url" : "https://rmcgp.com/blog/author/rmc-group" }, "dateModified" : "2024-07-30T14:05:31.863Z", "datePublished" : "2021-11-04T18:00:41.000Z", "headline" : "HSA Limits for 2022 - RMC Group", "image" : [ "https://rmcgp.com/hubfs/Imported_Blog_Media/HSA.png" ], "mainEntityOfPage" : { "@id" : "https://rmcgp.com/blog/2021/11/04/hsa-limits-for-2022", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://rmcgp.com/hubfs/RMC_Group_Logo_%5BYW.BL.NA%5D.svg" }, "name" : "RMC Group" } } ```