April 27, 2018

The IRS released an update under the Tax Cuts and Jobs Bill, which modifies the annual Health Savings Account (HSA) family contribution limit to $6,900.  This is a $50 increase from the last time the IRS changed the HSA family contribution limit to $6,850 on March 3, 2018. The new modified limit of $6,900 is retroactive January 1, 2018.

The HSA single contribution limit remains unchanged at $3,450 for 2018.