A health savings account can be easy to think of as a simple place to keep money for medical bills. But for people with a qualifying high-deductible health plan, an HSA can also offer a combination of tax benefits that extends beyond the moment a medical expense is paid.
For 2026, Principal report lists the HSA contribution limit at $4,400 for self-only coverage. The company says people with a high-deductible health plan through their employer may have access to an HSA for out-of-pocket medical expenses.
