Revenue Procedure 2017-37 provides the 2018 inflation adjusted limits for Health Savings Accounts (HSAs) as determined under IRC § 223. The effective date for this revenue procedure is January 1, 2018.

 

Overview

 

Annual contribution limitation
For calendar year 2018, the annual limitation on deductions under § 223(b)(2)(A) for an individual with self-only coverage under a high-deductible health plan is $3,450. For calendar year 2018, the annual limitation on deductions under § 223(b)(2)(B) for an individual with family coverage under a high-deductible health plan is $6,900.

 

High-deductible health plan
For calendar year 2018, a “high-deductible health plan” is defined under § 223(c)(2)(A) as a health plan with an annual deductible that is not less than $1,350 for self-only coverage or $2,700 for family coverage. In addition, the annual out-of-pocket expenses (deductibles, co-payments, and other amounts, but not premiums) do not exceed $6,650 for self-only coverage or $13,300 for family coverage.

 

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