Support
Because the funds are pre-tax, your purchasing power is greater than with after-tax dollars. HSA contribution limits are $4,150 per year for individuals and $8,300 for families, with an additional $1,000 catch-up contribution allowed for those 55 and older. FSA limits are $3,200 per year. The effective savings at a 30% marginal tax rate is approximately 30% off the purchase price.