2022 Contribution Limits – 401(k) & HSA

by | Dec 29, 2021

401(k) Plans

Participant Contribution increased from $19,500 to $20,500

Over 50 Catch-up Provision is the same – $6,500

HSA Plans

For High-Deductible Healthcare Plans

Individual – $3,650 / Family – $7,300

Deductible Information

For calendar year 2022, a “high deductible health 2 plan” is defined under § 223(c)(2)(A) as a health plan with an annual deductible that is not less than $1,400 for self-only coverage or $2,800 for family coverage, and the annual out-of-pocket expenses (deductibles, co-payments, and other amounts, but not premiums) do not exceed $7,050 for self-only coverage or $14,100 for family coverage.