Fanni Jeannie

Hsa Contribution Limits 2024 Medicare Advantage. You can use your hsa to pay certain medicare expenses, including premiums for part a, part b, part c (medicare advantage), and part d prescription drug. Hsas are a type of account you can open if you have a health insurance deductible above a certain threshold — $1,600 for individuals in 2024 — and want to grow a cushion for medical expenses.

Employer contributions count toward the annual hsa contribution limits. Annual hsa contribution limits for 2024 are significantly increasing, according to the irs.