The IRS has released the cost of living adjustments to the limits for Health Savings Accounts (HSA) and High Deductible Health Plans (HDHPs). Most of the limits have changed for the
2018 tax year.
|
2017 |
2018 |
|
| Health Savings Account Limitations (HSAs) | ||
| HSA Contribution Limits | ||
| Individual | $3,400 | $3,450 |
| Family | $6,750 | $6,900 |
| Catch-up | $1,000 | No change |
| HDHP Out of Pocket Maximum | ||
| Individual | $6,550 | $6,650 |
| Family | $13,100 | $13,300 |
| HDHP Minimum Annual Deductible | ||
| Individual | $1,300 | $1,350 |
| Family | $2,600 | $2,700 |
If you have questions as to how these limits apply to your plan, please contact your Nyhart consultant.
This information has been updated under the new tax law. Click here to view updated information.