News
March 06, 2018
IRS Lowers 2018 Family HSA Contribution Limit by $50
The 2018 contribution limit for health savings accounts (HSAs) linked to family coverage will be $6,850—not $6,900, as the IRS had previously announced. The IRS recalculated the limit because the Tax Cuts and Jobs Act that passed at the end of 2017 applies the so-called chained consumer price index (chained CPI) to increases in HSA and a few other employee benefit contribution limits.
For more information, visit https://www.shrm.org/ResourcesAndTools/hr-topics/benefits/Pages/IRS-lowers-2018-family-HSA-contribution-limit.aspx
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