Health Savings Account (HSA) & High-Deductible Health Plan (HDHP) Annual Contribution Limits Will Increase for 2024
The Internal Revenue Service (IRS) released Revenue Procedure 2023-23 providing for the annual Cost-Of-Living-Adjustments (COLA) for Health Savings Accounts (HSA) and High-Deductible Health plans (HDHP) for the 2024 plan year. Conclusion Plan sponsors should ensure their plan documents, enrollment materials and other plan documents are up to date. Have questions? Work with your Webber Advisors … Continued