2024 HSA Contribution Limits
The HSA contribution limits for 2024 are $4,150 for self-only coverage and $8,300 for family coverage. Those 55 and older can contribute an additional $1,000 as a catch-up contribution.
There is no penalty for not using your contributions, and unused monies roll over from year to year. HSAs are allowed to hold money for years into the future which opens the door to using HSAs as tax-free long-term investment options with the intent of using the money to cover inevitable qualified healthcare expenses in retirement.