How Much Can I Contribute to an HSA in 2018?

If you are considering opening a Health Savings Account (HSA), you might wonder how much you can contribute in 2018. For individuals, the maximum HSA contribution limit for the tax year 2018 is $3,450. If you have a family HSA, the maximum contribution limit for 2018 is $6,900.

But, it's essential to note that these limits can change annually, so it's important to stay updated on the current rates. Additionally, there are also catch-up contributions available for individuals aged 55 and older, allowing an extra $1,000 contribution per year.

If you're thinking about opening a Health Savings Account (HSA), knowing how much you can contribute is crucial. For the tax year 2018, individuals can contribute up to $3,450, while families can contribute a maximum of $6,900. Keep in mind that these limits may change each year, so it's vital to check the latest updates.