On April 29, 2022 the Internal Revenue Service announced the HSA contribution limits for 2023. For 2023 HSA-eligible account holders are allowed to contribute: $3,850 for individual coverage and $7,750 for family coverage. If you are 55 years or older, you’re still eligible to contribute an extra $1,000 catch-up contribution.
Lively’s fourth annual HSA Spend Report examines how Lively’s account holders spent their healthcare dollars in 2021, and what these spending habits can show us about national healthcare trends.
When it comes to HSAs, Tax Day (i.e. the deadline for filing your income taxes) is a crucial deadline. If you make a contribution to your HSA between January 1st and the annual April tax deadline (April 18, 2022 for filing your 2021 taxes), you get to choose whether it applies to your contribution limit for the current or previous year.
On April 29, 2022 the Internal Revenue Service announced the HSA contribution limits for 2023. For 2023 HSA-eligible account holders are allowed to contribute: $3,850 for individual coverage and $7,750 for family coverage. If you are 55 years or older, you’re still eligible to contribute an extra $1,000 catch-up contribution.
We are excited to share with you, that Lively is now the #1 rated HSA Provider on HSASearch.com (A Devenir company). We want to thank the many customers who took the time to review our HSA offering and give us such a high rating.
Want to use pre-tax dollars for healthcare expenses? If you don’t have a high deductible health insurance plan and want to set aside pre-tax dollars for healthcare expenses, a Flexible Spending Account (FSA) may be just what you’re looking for.