stethascope, key board and a note pad that reads "limits"

The IRS has announced the 2027 contribution limits for Health Savings Accounts (HSAs) and High-Deductible Health Plans (HDHPs), and there’s good news! Limits are increasing, giving you more room to save for both today’s care and tomorrow’s healthcare expenses.

20262027
HSA Maximum Contribution:
Self-Only Coverage$4,400$4,500
Family Coverage$8,750$9,000
Age 55+ Catch Up Contribution$1,000$1,000
High-Deductible Health Plan (HDHP):
Annual Deductible-Single$1,700$1,750
Annual Deductible-Family $3,400$3,500
Maximum Out-of-Pocket-Single$8,500$8,700
Maximum Out-of-Pocket-Family$17,000$17,400

Why This Matters

Higher limits mean more opportunity to save, grow, and prepare for future healthcare costs.

An HSA isn’t just a savings account; it’s a long-term healthcare strategy. With a triple tax advantage, your money works harder for you.

  • Tax-free contributions
  • Tax-free growth
  • Tax-free withdrawals on qualified expenses

Taking just a few minutes now to review your contributions and plan ahead can help you prepare not only for next year, but for decades ahead.

Are you eligible?

You may be eligible to contribute to an HSA if you:

  • Are enrolled in a qualifying High-Deductible Health Plan (HDHP)
  • Have no other disqualifying health coverage
  • Are not enrolled in Medicare
  • Are not claimed as a dependent

With healthcare costs rising, especially later in life, your HSA can be a powerful way to save. If possible, aim to contribute the maximum and make the most of the tax benefits. Your HSA savings are yours to keep and never expire, even if you change jobs.

Can’t max it out right now? That’s okay. Start where you can. Every contribution helps. You can adjust your contribution amount at any time during the year, giving you flexibility as your needs change. Get started today by logging into your account at u.bpas.com or contacting your employer.

Spend Now… Or Save For Later?

One of the biggest advantages of an HSA is flexibility. With an HSA, you can utilize the assets to pay for current eligible medical expenses, whether it’s a $10 prescription or hundreds of dollars for a procedure. Or let your balance roll over year after year and continue growing for the future. A key benefit of an HSA is that you do not need to spend the money within a specific time frame. There’s no deadline to use your funds. Your money stays with you and can be saved and invested for the long term.

A Smart Strategy to Consider: Pay for healthcare expenses out of pocket now while saving your receipts. Later, you can decide whether to reimburse yourself or let your HSA funds remain invested and continue growing.

This approach can offer:

  • Long-term growth potential by keeping more funds invested
  • Added financial flexibility if you need access to funds later
  • Greater peace of mind knowing your savings are there when you need them

Even small expenses today could have a big impact on your future savings if left invested.

Is your HSA working as hard as you are?

According to the Employee Benefit Research Institute and Greenwald Research, 2025 Consumer Engagement in Health Care Survey31% viewed their HSA as an investment account and 35% were using their HSA to save for health care expenses in retirement. If you are viewing your HSA as a long-term investment, consider that:

  • Your HSA at BPAS allows you to invest from the very first dollar
  • There’s no minimum cash reserve required
  • You have access to a variety of mutual fund options
    • Your balance may have been defaulted into a stable value investment. If you’re considering saving for the longer term, it’s worth taking a moment to review your allocations.

Check In on Your Financial Health.

Just like you schedule annual checkups for your health, it’s important to review your financial wellness too.

Log into your account to:

Your HSA can be a powerful tool for both today’s healthcare expenses and tomorrow’s goals.