"New Rule Allows Couples to Maximize Health Savings Accounts with Over $10K Annually"

1 min read
Source: The Wall Street Journal
"New Rule Allows Couples to Maximize Health Savings Accounts with Over $10K Annually"
Photo: The Wall Street Journal
TL;DR Summary

Starting in 2022, couples will be able to contribute up to $10,900 annually to their Health Savings Accounts (HSAs), up from $7,200 currently, according to the Internal Revenue Service. HSAs offer tax benefits and can be used to pay for healthcare expenses. The increase is due to inflation adjustments.

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