HSA Family Contribution Limit Change for 2018
The Internal Revenue Service (IRS) recently announced that the maximum contribution to a health savings account (HSA) for family coverage under a high-deductible health plan has reverted to $6,900 for 2018 (Revenue Procedure 2018-27). This new decision reverses an announcement earlier this year that reduced the annual family contribution limit to $6,850. The updated ruling is intended to alleviate unanticipated administrative and financial burdens associated with the previous change. There are no other changes to annual limitations or requirements for calendar year 2018.