Tagged With: "limits"

HSA Contribution Limits for 2018 Won’t Reflect Tax Law’s Contentious Changes, IRS Says

29 May, 2018

Heading into 2018, the maximum contribution limit for employees’ health savings accounts started out at $6,900 for families (up from $6,750 in 2017) and $3,450 for individuals (up from $3,400 in 2017), based on a letter provided by the agency in April. HSAs, which are tax-advantaged accounts that m...

The IRS Announces 2019 Contribution Limits, Minimums, and Maximums

17 May, 2018

On May 10, 2018, the IRS released the 2019 limits for high-deductible health plans and health savings accounts. These limits reflect adjustments made for cost of living changes. Health Savings Accounts: The 2019 contribution limit for health savings accounts is $3,500 for individuals, marking a $50...