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 18 years.

With the April 10 release of the March inflation figures by the Bureau of Labor Statistics, I am now finalizing my projected HSA amounts for 2025.  You can find my final projections here.  All of the amounts are exactly as I predicted back in January except that the contribution limit for singles will be higher due to higher than expected inflation.

For HSA-qualified health insurance plans, the minimum deductibles and annual out-of-pocket limits will also increase.  This means some health plans may need to change some of their plan designs for 2025.

The IRS will make these amounts official in the coming weeks.  However, employers, trustees, custodians, administrators, and insurance carriers can start making the necessary adjustments now.