How Much Can Each Member of a Marriage Contribute to an HSA for 2018?

When it comes to contributing to a Health Savings Account (HSA) for married couples, the rules can sometimes be a bit confusing. For the year 2018, the contribution limits for an HSA are based on whether you have self-only coverage or family coverage. So, how much can each member of a marriage contribute to an HSA for 2018?

For 2018, the contribution limits are as follows:

• For self-only coverage, the maximum contribution is $3,450.
• For family coverage, the maximum contribution is $6,900.

As a married couple, you and your spouse can each contribute to your individual HSA accounts as long as your total contributions do not exceed the family coverage limit.

It's important to keep in mind that these contribution limits are subject to change, so it's always a good idea to stay informed about any updates or changes to HSA regulations.

Understanding Health Savings Account (HSA) contributions can feel overwhelming for married couples, especially when considering the 2018 limits. With self-only coverage allowing for contributions of up to $3,450 and family coverage allowing up to $6,900, it’s essential to strategize how both partners can effectively maximize their individual HSA accounts while adhering to these limits.