IRS Announces 2018 Health Savings Account Limits

calendar iconMarch 31, 2020

The new 2018 limits for Health Savings Accounts (“HSAs”) have been announced by the IRS in Revenue Procedure 2017-37. Contribution limits have gone up for self-only coverage and for family coverage. The annual deductible limits that determine if you qualify to participate in an HSA have gone up, too.

For details, plus details about how rules for out-of-pocket limits have changed, read the latest benefits alert from Cherry Bekaert Benefits Consulting (reference chart included).