Tag Archives: pre-tax savings

IRS Gives Taxpayers Higher HSA Limits for 2023 UPDATED

Posted on April 04, 2023 by Rachel Kenney Rego

Individuals participating in high-deductible health plans (HDHPs) can contribute more of their pre-tax earnings to health savings accounts (HSAs) in 2023 to yield greater tax and savings benefits. For 2023, taxpayers may contribute up to $3,850 to an HSA and qualify for a full tax deduction.  For family plans, the annual limit on deductible contributions […]