March 7, 2018
On March 5, 2018, the Internal Revenue Service announced a reduction to the maximum contribution limit for Health Savings Accounts (HSA) for the 2018 calendar year.
Please see page 17 of the attached Internal Revenue Bulletin 2018-10, Revenue Procedure 2018-18. https://www.irs.gov/irb/2018-10_IRB
This change is the result of the IRS making adjustments to accommodate the new tax reform bill.
The new limit for those with family coverage is $6,850, revised downward from $6,900. Self-only coverage did not change and remains at $3,450 for 2018.
If you have any further questions, feel free to start a conversation.
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