The IRS has released Revenue Procedure 2024-2025, which includes the inflation-adjusted limits for high-deductible health plans (HDHP) and health savings accounts (HSA).
Note: Any individual who is 55 by the end of the calendar year can contribute an additional $1,000 per year to an HSA.
This article is informational and does not constitute legal or financial advice. Consult with an employment lawyer or accountant for additional clarification on how these changes impact your company