IRS Sets HDHPs & HSA Limits for 2018

IRS Sets HDHPs & HSA Limits for 2018

IRS LogoThe IRS has announced the annual Health Savings Account (HSA) contribution limits and High Deductible Health Plan (HDHP) minimum deductible and maximum out-of-pocket limits that will apply in 2018.

  • Individual contributions are increasing from $3,400 to $3,450.
  • Maximum contributions for family plans are increasing from $6,750 to $6,900.
  • High deductible plans in 2018 will be those that have an annual deductible are increasing to $1,350 for self-only coverage and $2,700 for family coverage.
  • The annual catch-up contribution of $1,000 for account holders that are 55 or older is unchanged.
  • Out of pocket maximums are increasing to $6,650 for individuals and $13,300 for families.

2018 vs 2017 HSA Contribution Limits

2018 vs 2017 HSA Limits

It is important that employers pay careful notice to these changes if you offer group health coverage. If you are unsure if your health plan is compliant, please contact an Employee Benefits Expert at FosterThomas HR. Let’s Talk.


About the Author

FosterThomas is a leading professional services company that provides solutions in the areas of Human Resources Consulting and Outsourcing, HR Staffing, Outsourced Recruiting, Employee Benefits Brokerage, Payroll Implementation and Services, HR for Government Contractors, Business Insurance, HR Compliance and Risk Management. We help organizations by providing solutions designed with a focus on cost containment strategies and increasing HR efficiency. FosterThomas HR Consulting was established in 1993 with offices in Annapolis, Maryland (Corporate), McLean, Virginia and Raleigh, North Carolina. Today, FosterThomas occupies a unique position as a full service provider of HR services.

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