Revenue Procedure 2022-24
Internal Revenue Service
2022-20 I.R.B. 1075
   
   
   
 26 CFR 601.602: Tax forms and instructions.      
 (Also Part I,§§ 1, 223; Part III§ 54.9831-1)      
   
Rev. Proc. 2022-24 
   
SECTION 1. PURPOSE 
   
This revenue procedure provides the 2023 inflation adjusted amounts for Health Savings Accounts (HSAs) as determined under§ 223 of the Internal Revenue Code and the maximum amount that may be made newly available for excepted benefit health reimbursement arrangements (HRAs) provided under§ 54.9831-1(c)(3)(viii) of the Pension Excise Tax Regulations.
   
SECTION 2. 2023 INFLATION ADJUSTED ITEMS.01 HSA INFLATION ADJUSTED ITEMS 
   
Annual contribution limitation. For calendar year 2023, the annual limitation on deductions under§ 223(b)(2)(A) for an individual with self-only coverage under a high deductible health plan is $3,850. For calendar year 2023, the annual limitation on deductions under§ 223(b)(2)(B) for an individual with family coverage under a high deductible health plan is $7,750.
   
High deductible health plan. For calendar year 2023, a "high deductible health plan" is defined under§   223(c)(2)(A) as a health plan with an annual deductible that is not less than $1,500 for self-only coverage or $3,000 for family coverage, and for which the annual out-of-pocket expenses (deductibles, co-payments, and other amounts, but not premiums) do not exceed $7,500 for self-only coverage or $15,000 for family coverage..02 HRA INFLATION ADJUSTED ITEM    
     
For plan years beginning in 2023, the maximum amount that may be made newly available for the plan year for an excepted benefit HRA under§ 54.9831-1(c)(3)(viii) is $1,950. See§ 54.9831-1(c)(3)(viii)(B)(1) for further explanation of this calculation.   
     
 SECTION 3. EFFECTIVE DATE      
     
This revenue procedure is effective for HSAs for calendar year 2023 and for excepted benefit HRAs for plan years beginning in 2023.   
     
 SECTION 4. DRAFTING INFORMATION      
     
The principal author of this revenue procedure is Bill Ruane of the Office of Associate Chief Counsel (Income Tax & Accounting). For further information regarding§ 223 and HSAs contact William Fischer at (202) 317-5500 (not a toll-free number). For further information regarding excepted benefit HRAs, contact Christopher Dellana at (202) 317-5500 (not a toll-free number). For further information regarding the calculation of the inflation adjustments in this revenue procedure, contact Mr. Ruane at (202) 317-4718 (not a toll-free number).