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HSA Limits for 2017

The IRS recently released the 2017 contribution, deductible, and out-of-pocket expense limits for health savings accounts (HSAs).

Generally, individuals eligible to contribute to an HSA must be enrolled in a high-deductible health plan (HDHP) and not covered under any additional health plan.* Additionally, they may not be enrolled in Medicare and cannot be claimed as a dependent of another person for tax purposes. Employers and other individuals may also make contributions to an HSA on behalf of an eligible individual.

* Dental, vision, long-term care, and certain other types of coverage are permitted.

  2017
HSA Contribution Limit (Employer and Employee) Self-only coverage: $3,400
Family coverage: $6,750
HSA Catch-up Contributions $1,000
HDHP Minimum Deductibles Self-only coverage: $1,300
Family coverage: $2,600
HDHP Maximum Out-of-Pocket Amounts Self-only coverage: $6,550
Family coverage: $13,100

 

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