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IRS reverses decision on 2018 HSA limits

May 4, 2018

The IRS reversed its March 5 decision to decrease the 2018 contribution limit for family coverage only. The new contribution limit is back to $6,900 (previously adjusted to $6,850).

To review the official IRS announcement, visit the Internal Revenue Service press release (published April 26, 2018).

This means individuals who have already contributed $6,900 are fine and do not need to return any money. And those individuals who have automatic contributions that would have exceeded the earlier $6,850 limit in 2018 are fine. No changes need to be made as long as they do not exceed the $6,900 family contribution maximum.

If you have questions, please contact your representative.

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