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IRS Updates to Revenue Procedure: Limits for HSAs and HDHPs

Jeff Storch | 05.08.17

The IRS released its annual Revenue Procedure updating the various limits for Health Savings Accounts (HSAs) and High Deductible Health Plans (HDHPs). For 2018, the limits will be:

ANNUAL HSA CONTRIBUTION LIMIT

  • Self-only coverage, $3,450
  • Family coverage, $6,900

HDHP ANNUAL DEDUCTIBLE LIMIT

  • Self-only coverage, $1,350
  • Family coverage, $2,700

HDHP ANNUAL MAXIMUM OUT-OF-POCKET EXPENSE

  • Self-only coverage, $6,650
  • Family coverage, $13,300

See Rev. Proc. 2017 – 37. 

DISCLAIMER: The information provided is for general informational purposes only. This post is not updated to account for changes in the law and should not be considered tax or legal advice. This article is not intended to create an attorney-client relationship. You should consult with legal and/or financial advisors for legal and tax advice tailored to your specific circumstances.

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