An "above-the-line" 2023 deduction is available for contributions made to Health Savings Accounts by April 15, 2024. For tax year 2024, the amount is limited to not more than the annual deductible of the health plan, to a maximum of $4,150 for singles ($8,300 for families).
| Plan | 2024 | 2023 |
|---|---|---|
| Self Only | $1,600 - $4,150 | $1,500 - $3,850 |
| Self Only, +55 | Max: $5,150 | Max: $4,850 |
| Family | $3,200 - $8,300 | $3,000 - $7,750 |
| Family, +55 | Max: $9,300 | Max: $8,750 |