As it does each year, the IRS has announced changes for health savings accounts, which are associated with high-deductible health plans.
The figures for 2022:
Self-only: $3,650 (a $50 increase from 2021).
Family: $7,300 (a $100 increase from 2021).
According to the Society for Human Resource Management, the government bases its decision on the Consumer Price Index for All Urban Consumers for the 12-month period ending on March 31.
The IRS has made a similar adjustment to maximum out-of-pocket amounts:
Self-only: $7,050 (a $50 increase from 2021).
Family: $14,100 (a $100 increase from 2021).
The catch-up contribution amount for those 55 and older is not automatically adjusted and remains at $1,000.
Trey Gailey is a founding member of Bluestone Services and serves as the firm’s Managing Director and Director of Accounting. He has deep experience providing accounting services across a wide swath of industries, including medical practices, distribution, and legal services. Trey has clients in the US and other areas of the world, garnering significant experience with international tax compliance to supplement his familiarity with domestic U.S. tax law.
When you work with Trey and the team at BlueStone, you can maintain confidence in your accounting. Our team provides complete, accurate and timely financial data and reports. Thanks to the efforts of a professional team and the technology we use daily, BlueStone’s can provide virtual or onsite outsourced accounting services based on your needs.
In his Managing Director role for the organization, Trey helps oversee the client experience for all service areas in BlueStone Services and focuses on the core operation offerings. Prior to helping develop and lead BlueStone, Trey officially joined its parent company, KatzAbosch in 2013. There he serves as a key shareholder.
Get in Touch:
Keep informed
Receive tips on how you can use outsourcing to save time and improve your business processes.
