IRS Adjusts HSA Limits for 2018

The IRS has released the inflation-adjusted contribution and related amounts for health savings accounts (HSAs) and HSA-compatible high-deductible health plans, or HDHPs, for 2018. These limits are tied to changes in the Consumer Price Index by application of the cost-of-living adjustment rules. The limits for 2018 are set forth below.

2018 HSA Limits

Annual HSA Contribution Maximum: $3,450 for single coverage ($50 increase from $3,400)
$6,900 for family coverage ($150 increase from $6,750)
Annual Catch-Up Contribution Maximum: $1,000 (for HSA-eligible individuals age 55 or older) – no change
HDHP Minimum Deductible: $1,350 for single coverage ($50 increase from $1,300)
$2,700 for family coverage ($100 increase from $2,600)
HDHP Out-of-Pocket Maximum: $6,650 for single coverage ($100 increase from $6,550)
$13,300 for family coverage ($200 increase from $13,100)

Not Legal Advice: Nothing in this Alert should be construed as legal advice.

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