If you’re a small business owner, freelancer, or high-income earner — here is some great news. The recently passed HSA law for 2026 is a game-changer!
Starting in 2026, the Health Savings Account (HSA) contribution limits will significantly increase, allowing families and individuals to stash away more tax-free dollars than ever before.
Here’s why this matters:
✅ Higher Contribution Limits – More room to save and grow your money TAX-FREE.
✅ Triple Tax Advantage
• Contributions are tax-deductible
• Growth is tax-deferred
• Withdrawals for medical expenses are tax-free
✅ Lower Taxable Income – Contributing more helps reduce what you owe at tax time.
✅ Long-Term Wealth Strategy – Use your HSA like a stealth retirement account. After age 65, you can withdraw funds for any purpose — no penalty!
For Example:
In 2025, a family could contribute ~$8,300. Under the new 2026 law, that could jump to $16,000+ — nearly double the tax savings potential!
Remember: To qualify for an HSA, you must be enrolled in a high-deductible health plan (HDHP).
The IRS also adjusted the minimum deductible and maximum out-of-pocket amounts for HDHPs for 2026:
- Maximum out-of-pocket: $8,500 for individuals, $17,000 for families
- Minimum deductible: $1,700 for individuals, $3,400 for families
- Tip from Me: If you’re eligible for an HSA, it’s time to start planning NOW to maximize the new limits in 2026. Let’s get your money working smarter. Book your tax planning session with me today!
