The Internal Revenue Service has announced the annual contribution limits and High Deductible Health Plan (HDHP) definitions for 2018. The Individual Contribution Limit has been increased to $3,450 and the Family Contribution Limit has been increased to $6,900 for 2018.  The maximum Out-of-Pocket Limits and Minimum Deductible Limits have been increased as well. The age 55 and older catch-up remains at $1,000.
Annual HSA Contribution Amounts
|
2017 |
2018 |
Coverage Levels |
|
$3,400 |
$3,450 |
Individual |
|
$6,750 |
$6,900 |
Family |
|
$1,000 |
$1,000 |
55 and over Catch-up |
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Annual Maximum Out-of-Pocket limits for HDHP2017
|
2017 |
2018 |
Coverage Levels |
|
$6,550 |
$6,650 |
Individual |
|
$13,100 |
$13,300 |
Family |
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Annual Minimum Deductible Amount Limits for HDHP
|
2017 |
2018 |
Coverage Levels |
|
$1,300 |
$1,350 |
Individual |
|
$2,600 |
$2,700 |
Family |
These limits and definitions are effective as of January 1, 2018. For more information, call us or see IRS Revenue Procedure 2017-37.
Original text: HSA Authority