Skip to main content
#
Call Us Today!
prev
next

Slide text goes here...

Slide text goes here...

Hot Topics Blog

2018 Health Savings Account Limits Released
Wednesday, June 14 2017

The IRS has announced the 2018 inflation-adjusted amounts for Health Savings Accounts (HSAs).

Annual Contribution Limitation 
For calendar year 2018, the annual limitation on HSA deductions for an individual with self-only coverage under a high deductible health plan is $3,450 (up from $3,400 for 2017). The annual limitation on HSA deductions for an individual with family coverage under a high deductible health plan is $6,900(up from $6,750 for 2017).

High Deductible Health Plan Amounts
For calendar year 2018, a "high deductible health plan" is defined as a health plan with an annual deductible that is not less than $1,350 for self-only coverage or $2,700 for family coverage, and annual out-of-pocket expenses (deductibles, co-payments, and other amounts, but not premiums) that do not exceed $6,650 for self-only coverage or $13,300 for family coverage.

Click here to read the IRS announcement on these amounts.

Contact us today to learn more about Health Savings Accounts.

 

Post comment
Name
Email Address

Message
(max 750 characters)
Note: All comments are subject to approval. Your comment will not appear until it has been approved.

    Terms & Conditions | Copyright | Privacy Policy
    © PNW Insurance Solutions, LLC.

     

    Insurance Web Designs - insurance websites | webmail login | admin login