HSA contribution limits rise to $4,500 and $9,000 for 2027
The IRS raised health savings account limits for next year. Open enrollment is the time to set your payroll contribution.
Key numbers
- Self-only: $4,400 → $4,500
- Family: $8,750 → $9,000
- Catch-up at 55+: $1,000 (unchanged)
The IRS has set the 2027 health savings account limits at $4,500 for self-only coverage and $9,000 for family coverage, up from $4,400 and $8,750 in 2026. People age 55 and older can add another $1,000. The figures were published in Revenue Procedure 2026-24.
Who can contribute
You must be covered by a high-deductible health plan. For 2027, that means a deductible of at least $1,750 for self-only coverage or $3,500 for family coverage, with out-of-pocket costs capped at $8,700 and $17,400.
Why it matters for your paycheck
HSA money taken out of your paycheck through your employer is not subject to federal income tax, Social Security or Medicare. In most states it also escapes state income tax, though California and New Jersey tax HSA contributions.
For a worker in the 22% federal bracket, contributing the full $4,500 through payroll can save about $990 in federal income tax and another $344 in Social Security and Medicare, roughly $1,330 in total. Your take-home pay drops by less than the amount you put in.
Many employers are holding open enrollment now. That is usually the only time to change your HSA payroll deduction for the new year.