HSA Tax Savings Calculator (2026)
See how much you save in taxes by contributing to a Health Savings Account. HSAs offer a triple tax advantage — contributions are pre-tax, growth is tax-free, and withdrawals for healthcare are tax-free.
Max $4,300 for 2026
Frequently Asked Questions
How much can I contribute to an HSA in 2026?
In 2026, you can contribute up to $4,300 for individual coverage or $8,550 for family coverage. If you are age 55 or older, you can add an extra $1,000 catch-up contribution.
Do I need an HDHP to have an HSA?
Yes. You must be enrolled in a High Deductible Health Plan (HDHP) to contribute to an HSA. In 2026, an HDHP has a minimum deductible of $1,650 for individuals or $3,300 for families.
What is the triple tax advantage of an HSA?
HSAs offer three tax benefits: contributions are tax-deductible (or pre-tax via payroll), the money grows tax-free, and withdrawals for qualified medical expenses are completely tax-free.
Can I use my HSA for non-medical expenses?
Yes, but withdrawals for non-medical expenses before age 65 are subject to income tax plus a 20% penalty. After age 65, you can withdraw for any reason and only pay regular income tax — similar to a traditional IRA.
Does my HSA money roll over each year?
Yes. Unlike an FSA, HSA funds never expire. They roll over every year and stay yours even if you change jobs or health plans.