2026 IRS limits, your remaining contribution room, and the tax savings from maxing out.
2026 IRS limits: $4,400 self-only, $8,750 family, plus $1,000 catch-up at 55+ (IRS Rev. Proc. 2025-19). Contributions made through payroll may also avoid FICA tax, which isn't included in this estimate.
Low-fee HSA providers with strong investment options for unused funds.
Compare HSA accounts →Not all high-deductible plans qualify — confirm before you open an account.
Check ACA marketplace plans →A Health Savings Account offers a rare "triple tax advantage": contributions reduce your taxable income going in, growth inside the account isn't taxed, and withdrawals for qualified medical expenses aren't taxed either. No other common account — not even a 401(k) or Roth IRA — offers all three.
You can only contribute to an HSA if you're enrolled in a qualifying high-deductible health plan (HDHP) — for 2026, that means a minimum deductible of $1,650 (self-only) or $3,300 (family), with an out-of-pocket maximum no higher than $8,300 (self-only) or $16,600 (family).
This shows income tax savings only. Contributions made through payroll deduction typically also avoid the 7.65% FICA tax (Social Security + Medicare), which this simplified estimate doesn't add — meaning your real savings from payroll contributions may be higher than shown here.
Unlike a Flexible Spending Account (FSA), HSA funds never expire and roll over indefinitely — there's no "use it or lose it" deadline, and the account stays with you even if you change jobs or health plans.
Many HSA providers let you invest funds above a certain cash threshold in mutual funds or ETFs, similar to a 401(k) — worth checking, since investment growth inside an HSA is tax-free, same as the rest of the account.
After age 65, you can withdraw HSA funds for any purpose without penalty — you'll just owe ordinary income tax on non-medical withdrawals, similar to a traditional IRA. Before 65, non-medical withdrawals typically incur a 20% penalty plus income tax.