A Health Savings Account (HSA) is a tax-advantaged account that helps you save and pay for qualified medical expenses. To contribute to an HSA, you must be eligible and enrolled in an HSA-qualified High Deductible Health Plan (HDHP). According to the IRS, an HSA is a tax-exempt trust or custodial account used to pay or reimburse certain medical expenses.
How Much Can I Contribute to an HSA?
For tax year 2026, you can contribute up to:
- $4,400 for self-only coverage
- $8,750 for family coverage
For tax year 2025, you can contribute up to:
- $4,300 for self-only coverage
- $8,550 for family coverage
For tax year 2024, you can contribute up to:
- $4,150 for self-only coverage
- $8,300 for family coverage
For tax year 2023, you can contribute up to:
- $3,850 for self-only coverage
- $7,750 for family coverage
Catch-Up Contributions
If you're age 55 or older at any time during the tax year and are enrolled in an HSA-qualified HDHP, you can make an additional $1,000 catch-up contribution.
Keep in mind that catch-up contributions are made on a per-person basis. If both spouses are age 55 or older and each wants to make a catch-up contribution, each spouse must have their own HSA.
Family HSA Contribution Limit When Both Spouses Have HSAs
If you and your spouse are covered under a family HDHP and each of you has an HSA, the combined contributions to both accounts cannot exceed the annual family contribution limit for that tax year.
For example, in tax year 2026, your combined contributions cannot exceed $8,750, plus any eligible catch-up contributions.
It doesn't matter which HSA receives the contributions. The IRS treats the family coverage limit as a combined maximum for both spouses.