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Category: HSA

  • IRS Announces HSA Limits for 2022 | Virginia Employee Benefits Agency

    On May 10, 2021, the Internal Revenue Service (IRS) released¬†Revenue Procedure 2021-25¬†announcing the annual inflation-adjusted limits for health savings accounts (HSAs) for calendar year 2022. An HSA is a tax-exempt savings account that employees can use to pay for qualified health expenses. To be eligible for an HSA, an employee: Must be covered by a…