Health Savings Accounts (HSAs) offer a tax-advantaged way to save for medical expenses. Each year, the IRS sets limits on how much you can contribute. For 2026, these limits have increased, allowing you to save more.
Annual HSA Contribution Limits
For the tax year 2026, the IRS has announced the following HSA contribution limits:
- Self-only coverage: Up to $4,400
- Family coverage: Up to $8,750
- Catch-up contribution (age 55 or older): An additional $1,000
These limits include all contributions, whether made by you or your employer. It's important to ensure that total contributions do not exceed these limits to avoid tax penalties.
Annual HSA Contribution Eligibility Requirements
To contribute to an HSA, you must:
- Be enrolled in a High-Deductible Health Plan (HDHP)
- Not have other non-HDHP health coverage
- Not be enrolled in Medicare
- Not be claimed as a dependent on someone else's tax return
For 2026, an HDHP is defined as a plan with:
- Minimum deductible:
- Self-only: $1,700
- Family: $3,400
- Maximum out-of-pocket expenses:
- Self-only: $8,500
- Family: $17,000
NOTE: All Bronze and Catastrophic plans on the Health Insurance Marketplace are now treated as HDHPs, allowing enrollees to contribute to an HSA.
Annual HSA Contribution Deadline
You can make contributions to your HSA for the 2026 tax year until April 15, 2027.
LegUp Health Can Help
At LegUp Health, we assist small businesses and employees in understanding and maximizing their HSA benefits. Whether you're setting up an HSA for the first time or looking to optimize your contributions, we're here to guide you.
Need assistance with your HSA? Schedule a free consultation with our team today.
