O4 1 Column (Full)
O4 Hubs detail
O4 Detail Hero Banner
O4 1 Column (Full)
O4 Text Component

Annual contribution limits

Each year, the Internal Revenue Service (IRS) sets contribution limits for health savings accounts (HSAs).

Contributing the maximum to your HSA each year could help you build up your nest egg so you're prepared for expected, and unexpected, health care costs.

You are responsible for monitoring the amount deposited into your HSA each calendar year. Keep in mind that if your employer contributes funds, those also count toward the maximum. If you exceed the maximum contribution limit, there is a penalty imposed by the IRS. Sign in to your account online to download the Health Savings Account (HSA) Excess Contribution Removal Form to request an excess contribution refund or a correction to a contribution.

2022 HSA contribution limits:

  • An individual with coverage under a qualifying high-deductible health plan (deductible not less than $1,400) can contribute up to $3,650 — up $50 from 2021 — for the year to their HSA. The maximum out-of-pocket is capped at $7,050.
  • An individual with family coverage under a qualifying high-deductible health plan (deductible not less than $2,800) can contribute up to $7,300 — up $100 from 2021 — for the year. The maximum out-of-pocket is capped at $14,100. 

2023 HSA contribution limits:

  • An individual with coverage under a qualifying high-deductible health plan (deductible not less than $1,500) can contribute up to $3,850 — up $200 from 2022 — for the year to their HSA. The maximum out-of-pocket is capped at $7,500.
  • An individual with family coverage under a qualifying high-deductible health plan (deductible not less than $3,000) can contribute up to $7,750 — up $450 from 2022 — for the year. The maximum out-of-pocket is capped at $15,000.

You have until the tax filing deadline (typically April 15) to make contributions to your HSA for the previous year.

Don't forget: Eligible individuals, 55 or older, can contribute an additional catch-up contribution of $1,000 per year. If your spouse is also 55 or older, he or she may establish a separate HSA and make a “catch-up” contribution to that account.

Sign in to your account today and check your contribution limit. 

Sign in

O4 Text Component

Questions about how to make a contribution to your HSA?

There are multiple ways to contribute to your HSA.

  • Check with your employer to see if they offer payroll deductions.
  • Sign in to your account to set up reoccurring contributions.
  • You can make a one-time contribution to your account at any time. 

Not only will you get the most tax benefits by maxing out your contributions, but having a fully funded HSA will prepare you for the year ahead.

Manage your HSA contributions

O4 1 Column (Full)
O4 Text Component

Special contributions

Build your HSA balance by transferring or rolling over funds from an IRA or another HSA.*

O4 2 Columns (1/4 - 3/4)
O4 Text Component

Request an IRA distribution

O4 Text Component

You can make a one-time contribution from a traditional IRA or Roth IRA into your HSA. Contact your IRA administrator to request a distribution. Keep in mind that the amount of the contribution cannot be more than you are eligible to contribute to your HSA for the tax year. If your employer contributes to your HSA, make sure to take that into account.

Sign in to your account

O4 2 Columns (1/4 - 3/4)
O4 Text Component

Transfer funds from another HSA

O4 Text Component

If you have an HSA from another bank that you want to close, you can transfer the funds to your Optum Bank® HSA. To do so, download, fill out and send the HSA Rollover/Transfer Request Form to the previous administrator. This and other account forms are available after you sign in to your account.

Sign in to your account

O4 2 Columns (1/4 - 3/4)
O4 Text Component

Roll over funds from another HSA

O4 Text Component

If you want to move funds from an existing HSA to your Optum Bank HSA, you can request a distribution from your current administrator and send us a check with the HSA Rollover/Transfer Request Form. This and other account forms are available after you sign in to your account.

Sign in to your account

Related resources

O4 Complex Card

Manage your HSA contributions

Are you taking full advantage of all your HSA's tax benefits by contributing the maximum each year?
O4 Complex Card

Qualified medical expense tool

Use our qualified medical expense tool to filter by account type and expense type to see if it qualifies.
O4 Complex Card

Calculate your health savings

See how your health accounts can impact your wallet. Use our tools and resources to calculate how to save and pay for qualified expenses.
O4 1 Column (Full)
O4 Text Component

Self-directed mutual fund investment options are made available through the services of an independent investment advisor, or your plan sponsor. Discretionary advisory services are provided by Betterment LLC, an SEC-registered investment adviser, with associated brokerage transactions provided by Betterment Securities, Member FINRA/SIPC. For details and disclosures visit betterment.com. The Schwab Health Savings Brokerage Account is offered to certain account holders through Charles Schwab & Co., Inc., Member FINRA/SIPC. For details and disclosures, visit schwab.com. Brokerage services are offered to certain accountholders through TD Ameritrade, Inc., Member FDIC/SIPC and a subsidiary of The Charles Schwab Corporation. For details and disclosures, visit tdameritrade.com.

Orders are accepted to effect transactions in securities only as an accommodation to HSA owners. Optum Financial and its subsidiaries are not broker-dealer or registered investment advisors and do not provide investment advice or research concerning securities, make recommendations concerning securities, or otherwise solicit securities transactions.

Health savings accounts (HSAs) are individual accounts offered through Optum Bank®, Member FDIC, or ConnectYourCare, LLC, an IRS-Designated Non-Bank Custodian of HSAs, each a subsidiary of Optum Financial, Inc. Neither Optum Financial, Inc. nor ConnectYourCare, LLC is a bank or an FDIC insured institution. HSAs are subject to eligibility requirements and restrictions on deposits and withdrawals to avoid IRS penalties. State taxes may apply. Fees may reduce earnings on account.

Flexible spending accounts (FSAs), dependent care assistance programs (DCAPs), health reimbursement arrangements (HRAs), Commuter and Parking Benefits, Tuition Assistance Plans, Adoption Assistance Plans, Surrogacy Assistance Plans, Wellness Benefits, and Lifestyle Accounts (collectively, “Employer-Sponsored Plans”) are administered on behalf of your plan sponsor by Optum Financial, Inc. or ConnectYourCare, LLC (collectively, "Optum Financial") and are subject to eligibility and restrictions. Employer-Sponsored Plans are not individually owned and amounts available under the Employer-Sponsored Plan are not FDIC insured. This communication is not intended as legal or tax advice. Federal and state laws and regulations are subject to change. Please contact a legal or tax professional for advice on eligibility, tax treatment, and restrictions. Please contact your plan administrator with questions about enrollment or plan restrictions.

Google Play and the Google Play logo are trademarks of Google LLC. Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc., registered in the U.S. and other countries.

The promotional code OPTFSA7, OPTHSA5 and OPTHRA7 cannot be applied to previously placed orders, and cannot be combined with other promotional codes. Additionally, the code cannot be used for prescription drugs or virtual care visits. Promotional codes are not transferable or redeemable for cash or credit. To apply a promotional code you must enter it prior to completing the order.

Free and expedited shipping offers do not apply to shipping outside of the contiguous United States. Additional shipping restrictions may apply.

The Optum Store is an affiliate of the UnitedHealth Group family of companies.

Your employer sponsored plan may exclude reimbursement for certain categories of items. Check your plan document and summary plan description or contact your benefits department for specific coverage details. 

© 2022 Optum, Inc. All rights reserved

O4 1 Column (Full)