IRS announces spike in 2023 limits for HSA plans.

In another sign of inflation, the IRS announced that contribution limits for health savings accounts (HSAs) will see a dramatic increase in 2023. For self-only coverage, the annual inflation-adjusted limit on HSA contributions will be $3,850, up from $3,650 this year. The limit for family coverage will be $7,750 (up from $7,300). This represents a 5.5% spike, much higher than the 1.4% increase...

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