IRS Increases Health Savings Account Limits for 2027

The IRS on Friday released its annual inflation-adjusted amounts for health savings accounts for calendar-year 2027, with across-the-board increases.

IRS Increases Health Savings Account Limits for 2027. The IRS on Friday released its annual inflation-adjusted amounts for health savings accounts for calendar-year 2027, with across-the-board increases. In Revenue Procedure 2026-24 , the IRS says the annual limitation on deductions for 2027 for an individual with self-only coverage under a high-deductible health plan is $4,500, up $100 from 2026. In addition, the annual limitation on deductions for an individual with family coverage under a high-deductible health plan next year is $9,000—up from $8,750 in 2026. For 2027, a “high-deductible health plan” is defined under Section 223(c)(2)(A) as a health plan with an annual deductible that is not less than $1,750 for self-only coverage (up $50 from 2026) or $3,500 for family coverage (up $100 from 2026), and for which the annual out-of-pock...