Paper Trails


Tag: HSA

IRS Contribution Limits for 2023

IRS Contribution Limits for 2023 Each year, the Internal Revenue Service determines if the contribution limits for things like retirement plans and health savings will increase. Based on cost of living adjustments, the agency recently announced increases to most of these contribution limits. Let’s take a look at the new

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2022 HSA Contribution Limits

In 2022, participants of health savings accounts (HSA) and flexible spending accounts (FSA) are eligible to increase their contributions per the Internal Revenue Service. Every year, the IRS reviews and makes any necessary changes to the contribution limits for these types of plans. These changes are based on the cost-of-living

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