How Much Can be Contributed to an HSA in 2018?

When it comes to Health Savings Accounts (HSAs), it's important to know how much you can contribute in a given year. In 2018, the maximum contribution limits for HSAs were:

• For individuals: $3,450
• For families: $6,900

It's essential to take advantage of these contributions to save for medical expenses tax-free. If you are 55 or older, you can contribute an additional $1,000 as a catch-up contribution.

When managing your healthcare costs, knowing the contribution limits for Health Savings Accounts (HSAs) is crucial. In 2018, the contribution caps were set at $3,450 for individuals and $6,900 for families. It's a fantastic way to save for medical expenses while enjoying tax benefits!