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2023 Contribution Limits

Published on
  • Piggy bank standing on money401k/403b/457 Elective Deferral Limit
    $22,500
    $30,000 - catch up limit $7,500 (age 50 or over)
  • Traditional and Roth IRA Contribution Limit
    $6,500
    $7,500 - catch up limit $1,000 (age 50 or over)
  • Health Savings Account (HSA) Contribution Limit
    $3,850 single coverage
    $4,850 - catch up limit $1,000 (age 55 or over)
    $7,750 family coverage
    $8,750 - catch up limit $1,000 (age 55 or over)
    Your election amount can be changed at any time throughout the year so if you want to take advantage of the tax savings and are enrolled in the STAR High Deductible Health Plan, complete this form and send it to Payroll.
  • HSA Direct Deposit Authorization