The IRS has recently released its inflation-adjusted contribution limits for certain tax-advantaged welfare accounts. Understanding these new limits will help employers communicate during open enrollment season, and will help individuals plan for 2025 and determine how to maximize their tax savings.
| HIGH DEDUCTIBLE HEALTH PLAN + HSA | 2024 | 2025 | |
| HSA Contribution Limits (Employee + Employer) | Self Only Family |
$4,150 $8,300 |
$4,300 $8,550 |
| Catch-Up HSA Contribution (Age 55+) | $1,000 | $1,000 | |
| HDHP Minimum Deductible | Self Only Family |
$1,600 $3,200 |
$1,650 $3,300 |
| HDHP Maximum Out-of-Pocket | Self Only Family |
$8,050 $16,100 |
$8,300 $16,600 |
| Excepted Benefit HRA | $2,100 | $2,150 | |
| FLEXIBLE SPENDING ACCOUNTS | 2024 | 2025 | |
| Health Flexible Spending Accounts & Limited-Use Flexible Spending Accounts | $3,200 | $3,300 | |
| Maximum FSA Rollover | $640 | $660 | |
| Dependent Care Assistance Programs* | $5,000 | $5,000 | |
| Commuter Accounts | Parking Transit |
$315 $315 |
$325 $325 |
*The DCAP limit is $2,500 if married filing single
This update summarizes aspects of the law and does not constitute legal advice. For legal advice for your situation, you should contact an attorney.
Sign up