HSA Limits Released for 2017

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On Thursday, the IRS released the 2017 inflation adjusted amounts for Health Savings Accounts (HSAs).

The maximum contribution amounts for calendar year 2017 will increase by $50 for individuals with self-only coverage under a high deductible plan to $3,400, while the contribution maximum will for family coverage remain unchanged at $6,750.

The minimum annual deductible to be considered High Deductible Health Plans (HDHP) will remain unchanged at $1,300 for self-only coverage and $2,600 for family coverage, and the maximum annual out-of-pocket limit will remain unchanged at $6,550 for self-only coverage and $13,100 for family coverage.