2027 Health Savings Account (HSA) Limits Increase
Every year, Health Savings Account (HSA) limits are adjusted for inflation, and recently, the IRS released the 2027 inflation-adjusted amounts.
HSAs are pre-tax accounts available to individuals covered under a high-deductible health plan, allowing eligible individuals to accumulate tax-free money to pay for qualified medical expenses. All limits take effect on January 1, 2027. The annual maximum HSA contribution for 2027 is:
- $4,500 for individuals with self-only coverage (an increase of $100 from 2026); and
- $9,000 for family coverage (an increase of $250 from 2026).
To participate in an HSA, the policyholder must, among other requirements, be enrolled in an HSA-qualified high-deductible health plan with a minimum annual deductible (except for preventative services).
For calendar year 2027, a high-deductible health plan is defined as a health plan with an annual minimum deductible of:
- $1,750 for self-only coverage (an increase of $50 from 2026); or
- $3,500 for family coverage (an increase of $100 from 2026).
The maximum annual out-of-pocket expenses (deductibles, copayments and other amounts — but not premiums) have also increased. For 2027, the maximum out-of-pocket amounts can’t exceed:
- $8,700 for self-only coverage (an increase of $200 from 2026); or
- $17,400 for family coverage (an increase of $400 from 2026).
For plan years beginning in 2027, the maximum amount that may be made newly available for the plan year for an excepted benefit HRA is $2,250 (an increase of $50 from 2026).
Be sure to add the new HSA limits to relevant employee communications, such as open enrollment materials, plan documents and summary plan descriptions.
For more information on health savings account limits, visit the IRS website.
Katie Culliton, Senior Editor, CalChamber
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