Source: KBM Management Blog

KBM Management Blog 2024 HSA Limits on Contributions Increase 7%

The IRS has released Revenue Procedure 2023-23 notifying Health Savings Account owners of the funding and deductible limits effective January 1, 2024. The Department of Treasury is reacting to continued inflation pressures in our economy with the greatest increase in contribution limits to date. Annual HSA Contribution Limits Single - $4,150 ($300 increase from 2023)Family [...]The post 2024 HSA Limits on Contributions Increase 7% first appeared on KBM Management.

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