As many of you know, I track the data needed to make inflation adjustments for Health Savings Accounts from one year to the next. I have accurately predicted the annual adjustments by the Internal Revenue Service for the past 15 years.

With the January 13 release of the December inflation figures by the Bureau of Labor Statistics, the inflation-adjusted amounts for HSAs for 2022 are coming into view. With only three months of data remaining to be collected, I can now project the HSA amounts for next year with virtual certainty.

I am projecting that the HSA contribution limits will increase again for 2022.  This is good news for HSA owners.  For HSA-qualified insurance plans, the minimum deductibles will remain the same as for 2021, but the annual out-of-pocket maximums will increase slightly for 2022.  This means health plans do not need to change their plan designs for 2022.  Here’s the updated table with current limits and projected for 2022.

Look for my final projections for 2022 in April.  The IRS will release the final 2022 amounts later in April or May.

ICYMI, I am thrilled that Itamar Romanini has joined our team.  You can read the announcement here.