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IRS Raises 2027 HSA Contribution Limits Amid Growing Adoption

The Internal Revenue Service has increased health savings account contribution caps for 2027, reflecting annual inflation adjustments. Self-only coverage limits rise to $4,500 from $4,400, while family plan limits jump to $9,000 from $8,750. HSAs provide triple tax advantages: contributions are deductible, funds grow tax-free and qualified medical withdrawals face no taxation. Participation continues expanding, with more than 59 million Americans holding HSAs as of December 2024. About 31% of companies offering employee health benefits provided HSA-eligible high-deductible plans in 2025. Two-thirds of employers enabled investment options for HSA funds in 2024. Enrollment has grown through both employer plans and the Affordable Care Act marketplace. Account holders must maintain eligible high-deductible health coverage to make contributions.