2018 HSA Contribution Limits

May 26th, 2017 by Thomas Harte

With all the conversations in Washington DC with regard to the value of health savings accounts (HSAs), the IRS has only authorized an increase of $50 for individual accounts and $150 for family coverage.

As a result, on May 4th, 2017 the IRS Revenue Ruling limited the following adjustments to HSAs and related benefits for 2018:

• HSA Contribution Limit:
  • Single: $3,450 ($3,400 for 2017)
  • Family: $6,900 ($6,750 for 2017)

• HSA Catch-up Contributions: $1,000

• HDHP Minimum Deductibles:
  • Single: $1,350 ($1,300 in 2017)
  • Family: $2,700 ($2,600 in 2017)

• HDHP Maximum out of pocket:
  • Single: $6,650 ($6,550 in 2017)
  • Family: $13,300 ($13,100 in 2017)