IRS Announces Adjustment to 2018 HSA Family Contribution Limit- Back to $6900

HSA Family Contribution Limit Increased Back to $6,900

On April 26, 2018 the IRS issued Revenue Procedure 2018–27, increasing the maximum allowable HSA contribution for family coverage back to $6,900.  As you might recall, the IRS previously announced on March 5, 2018, that there would be a decrease in the maximum contribution limit by $50 to $6,850.

This recent change applies immediately and any contributions to an HSA that has family-level coverage in 2018 will be allowed at the $6,900 maximum contribution level.  The individual contribution limit for 2018 remains $3,450. 

  
         * IRS announced change on Thursday, April 26th to the Family HSA Contribution Limit