The IRS has announced the updated HSA contribution limits for 2027. While the increases aren't dramatic, they do offer a bit more room for tax-advantaged savings.

For 2027 HSA-eligible account holders are allowed to contribute:

• $4,500 for individual coverage

• $9,000 for family coverage

This is a $100 increase for individuals and a $250 increase for families from the 2026 HSA contribution limits.

The 2026 HSA contribution limits are:

• $4,400 for individual coverage

• $8,750 for family coverage

If you are 55 years or older, you're still eligible to contribute an extra $1,000 catch-up contribution.

To be eligible for an HSA, your health plan has to meet the following IRS criteria for a high-deductible health plan (HDHP):

For 2027:

• Must have a minimum deductible of $1,750 for individual coverage, and $3,500 for family coverage

• Out-of-pocket maximums cannot exceed $8,700 for individual coverage and $17,400 for family coverage

For 2026:

• Must have a minimum deductible of $1,700 for individual coverage, and $3,400 for family coverage

• Out-of-pocket maximums cannot exceed $8,500 for individual coverage and $17,000 for family coverage

Annual minimum deductibles have increased $50 for individuals and $100 for families from 2026, and out-of-pocket limits have increased by $200 for individuals and $400 for families.

New to HSAs, or getting ready to file? Our complete HSA guide covers how the account works and how the tax advantages apply.