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+) Self Only

Family

$1,000 $1,000
HDHP Minimum Deductible Self Only

Family

$1,600

$3,200

$1,650

$3,300

HDHP Maximum Out-of-Pocket $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.

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