The IRS recently released a new set of procedures that “reduces the previously announced 2018 contribution limit for a health savings account (HSA) of an individual enrolled in family coverage under a high deductible health plan”.
The new limit is $6,850, $50 less than the previously limit of $6,900.
According to JD Supra:
The change follows on recently enacted tax reform legislation requiring a new method of calculating inflation adjustments for many Internal Revenue Code provisions beginning in 2018.
It should be noted that the contribution limit for individuals with self-only coverage has not changed, and remains $3,450.
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