Federal Tax, Tax

IRS Releases New HSA Guidance Under the OBBBA

The IRS is providing guidance on new tax benefits of Health Savings Accounts (HSAs) under the One Big Beautiful Bill Act (OBBBA). Among other things, the OBBBA makes permanent the ability to receive telehealth services before meeting the high-deductible health plan (HDHP) deductible while remaining eligible to contribute to an HSA, effective for plan years beginning on or after Jan. 1, 2025. For 2026, qualified HDHPs must have annual deductibles that aren’t less than $1,700 for self-only coverage or $3,400 for family coverage. For 2026, the maximum HSA contribution amount will be $4,400 for individuals and $8,750 for family coverage. For more details: https://bit.ly/3XPuUhZ. Contact the Cg Team with questions. © 2025