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Insurance Calculators

HSA Contribution Calculator

Project a health savings account balance and the tax saved by contributing pre-tax each year.

$/year
$
%
%
years
$

Projected balance

$91,775

Total tax saved
$15,480
Total contributed
$64,500
Investment growth
$33,275
Balance by year
Yr 1Yr 2Yr 3Yr 4Yr 5Yr 6Yr 7Yr 8Yr 9Yr 10Yr 11Yr 12Yr 13Yr 14Yr 15

How this calculator works

Balance grows at the expected return each year after contributions and withdrawals

tax saved
contributions multiplied by your marginal rate

Important considerations

  • HSAs require an eligible high-deductible health plan.
  • Non-medical withdrawals before retirement age are penalised.

Learn more

Terms used here

Frequently asked questions

Why is an HSA described as triple tax advantaged?

Contributions are pre-tax, growth is untaxed, and qualified medical withdrawals are tax free.

Disclaimer

Legamoney calculators are educational tools. Results are estimates based on the figures you enter and do not constitute financial, tax or legal advice.

Last reviewed 2026-08-01