Tag Archives: health savings

IRS Announces Higher HSA Limits for 2023 by Christopher Taarick, JD, LLM

Posted on May 08, 2022 by

Individuals participating in high-deductible health plans (HDHPs) will be able to contribute more of their pre-tax earnings to health savings accounts (HSAs) in 2023 and yield related tax and savings benefits. The IRS recently announced it will increase the annual HSA contribution limits that qualify for a full tax deduction in 2023 to $3,850 (up […]