2017 HSA Contribution Limits

The IRS recently released the cost-of-living adjustments for health savings accounts (HSAs) and qualified high-deductible health plans (HDHPs) for the 2017 calendar year.

2017 Annual HSA Contribution Limit

  • $3,400 for self-only HDHP coverage; and
  • $6,750 for family HDHP coverage.
  • $1,000 for catch-up contributions (age 55 or older).

Definition of High Deductible Health Plan (HDHP)

  • Annual deductible ≥ $1,300 for self-only coverage or  ≥ $2,600 for family coverage; and
  • Annual out-of-pocket expenses (deductibles, coinsurance, copays, and other amounts, not including premiums) do not exceed $6,550 for self-only coverage or $13,100 for family coverage.

The $50 increase in the annual HSA contribution limit for individuals with self-only HDHP coverage is the only change from 2016. All of the other amounts are unchanged.

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