News You Can Use: 2018 Amounts for HSAs and HDHPs

Article provided by American Benefits Council)The U.S. Treasury Department and Internal Revenue Service (IRS) has released Revenue Procedure 2017-37, which lists the indexed amounts, adjusted for inflation, for health savings accounts (HSAs) and high-deductible health plans (HDHPs) for calendar-year 2018.

Limits for all categories will increase in 2018, as shown in this table:

Calendar Year 2017 Calendar Year 2018
Self-only Family Self-only Family
Annual Contribution Limit $3,450 $6,750 $3,450 $6,900
HDHP Minimum Deductible $1,300 $2,600 $1,350 $2,700
HDHP Out-of-Pocket Limit
(includes deductibles, co-payments
and other amounts but not premiums)
$6,550 $13,100 $6,650 $13,300