IRS updates decision on 2018 HSA limits

 

The 2018 HSA family contribution limit is back to $6900

On April 26th, the IRS updated its decision to decrease the 2018 maximum contribution limit for family coverage only. The maximum annual contribution limit for family coverage limit is now back to $6,900.

Earlier this year, the IRS had adjusted the maximum contribution limit for family coverage from $6,900 to $6,850. Yesterday the IRS updated its decision. To view the official IRS announcement, please visit the Internal Revenue Service press release.

In response to the IRS update, Outstaffing has updated its systems to ensure compliance with the IRS updated decision.

Here are up-to-date 2018 contribution limits:

• $6,900 for family coverage
• $3,450 for individual coverage

Note: There is no change for the individual coverage annual contribution limit

Posted on April 30, 2018, in Client News, Employee News. Bookmark the permalink. Comments Off on IRS updates decision on 2018 HSA limits.

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