Health Savings Accounts (HSAs) have contribution limits and deadlines that individuals need to be aware of in order to maximize the benefits of these accounts.

For the year 2021, the contribution limits for an individual with self-only coverage is $3,600, and for those with family coverage, the limit is $7,200. These limits are subject to change, so it's important to stay updated with the latest information.

It's also crucial to be mindful of the contribution deadlines. Contributions to an HSA for a particular tax year can be made up until the tax filing deadline, which is typically April 15 of the following year. For example, contributions for the 2021 tax year can be made until April 15, 2022.

Staying informed about HSA contribution limits and deadlines can help individuals make informed decisions about their healthcare savings and tax planning. It's advisable to consult with a financial advisor or refer to the IRS guidelines for the most accurate and up-to-date information.