What Happens to Unused HSA Funds at Year's End?

What Happens to Unused HSA Funds at Year's End?

As 2022 draws to a close, you may have unspent money in your health savings account (HSA). An HSA is a savings and investment account that you use to pay for healthcare in conjunction with a high-deductible health plan. In 2022, you can contribute up to $3,650 to an HSA if you have self-only coverage or $7,300 for family coverage, provided that you have a high-deductible health plan.