How Much Can I Contribute to 2017 HSA?

Wondering how much you can contribute to your HSA for the year 2017? Let's break it down for you.

In 2017, the contribution limits for an HSA are:

• $3,400 for individuals
• $6,750 for families
• If you are 55 or older, you can contribute an additional $1,000 as a catch-up contribution

It's important to note that these contributions are tax-deductible, grow tax-free, and can be withdrawn tax-free for qualified medical expenses.

So, whether you're looking to save for future medical expenses or maximize your tax savings, contributing to your HSA is a smart financial move.

Curious about how much you can sock away in your HSA for 2017? You're in the right place! For the year 2017, the IRS has set the following contribution limits:

• $3,400 for individuals
• $6,750 for families
• And if you're 55 or older, there's a generous catch-up contribution of an additional $1,000.

What's great about contributing to an HSA is that these contributions not only lower your taxable income, but the funds also grow tax-free and can be withdrawn tax-free for eligible medical expenses. It’s an excellent way to save money while preparing for your future health care needs!