On May 10, 2024, the IRS released Revenue Procedure 2024-25, providing the 2025 inflation-adjusted limits for the following:
- HSA contributions
- HDHP minimum deductible amount and maximum outof- pocket costs
- Excepted benefit HRA maximum new-contribution amount
All limits are effective January 1, 2025 and the new amounts for the HDHP deductible and out-of-pocket limits apply to HDHPs with plan years beginning in 2025.
The adjusted amounts are as follows:
2025 HSA contribution limits:
- The 2025 annual HSA contribution limit for individuals with self-only HDHP coverage is $4,300 (up from $4,150 in 2024).
- The 2025 annual HSA contribution limit for individuals with family HDHP coverage is $8,550 (up from $8,300 in 2024).
2025 HDHP minimum deductible amounts and maximum out-of-pocket costs:
- The 2025 HDHP minimum deductible amount for selfonly coverage is $1,650 (up from $1,600 in 2024). The IRS maximum annual out-of-pocket cost limit is $8,300 (up from $8,050 in 2024).
- The 2025 HDHP minimum deductible amount for family coverage is $3,300 (up from $3,200 in 2024). The IRS maximum annual out-of-pocket cost limit is $16,600 (up from $16,100 in 2024).
2025 excepted-benefit HRA maximum new-contribution amount:
- The 2025 excepted-benefit HRA maximum new-contribution amount is $2,150 (up from $2,100 in 2024). Plan sponsors offering HDHP plans will find the updated figures useful in plan design for the 2025 plan year.
Regulatory and Legislative Strategy Group