How Much Can I Contribute to HSA in 2017?

Are you curious about how much you can contribute to your Health Savings Account (HSA) in 2017? Let's break it down for you in simple terms!

In 2017, the maximum contribution limits for an HSA were:

• $3,400 for individuals
• $6,750 for families

If you were 55 or older, you could contribute an additional $1,000 as a catch-up contribution.

Contributions to an HSA are tax-deductible, grow tax-free, and can be withdrawn tax-free for qualified medical expenses. It's a great way to save for healthcare costs while reducing your taxable income!

Wondering about your Health Savings Account (HSA) contribution limits for 2017? Here’s the scoop: the IRS set limits of $3,400 for individuals and $6,750 for families, helping you plan your savings.