HR Alert

$6,900 Re-Established as 2018 HSA Contribution Limit for Certain Individuals

Contribution Limit for Individuals with HDHP Family Coverage Previously Set at $6,850

The Internal Revenue Service (IRS) has re-established $6,900 as the 2018 health savings account (HSA) contribution limit for individuals with family coverage under a high deductible health plan (HDHP). This limit was previously announced as $6,900 in May 2017, but was revised to $6,850 in March 2018 due to an inflation adjustment provision in the Tax Cuts and Jobs Act. The 2018 health savings account (HSA) contribution limit for individuals with self-only coverage under a HDHP remains unchanged at $3,450.

Click here to read the IRS announcement.


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