The Health Savings Account (HSA) contribution limits for 2024 have been set as follows:
- For self-only coverage, the limit is $4,150.
- For family coverage, the limit is $8,300.
- Additionally, individuals who are 55 years and older are allowed a catch-up contribution of an extra $1,000.
These limits are increased from the 2023 limits of $3,850 for self-only and $7,750 for family coverage, reflecting an adjustment to account for inflation.