How much can you contribute to an HSA account in 2017?

If you are considering opening an HSA (Health Savings Account) in 2017, you may be wondering how much you can contribute to it. The maximum contribution limits for an HSA account in 2017 are as follows:

• For individuals, the maximum contribution is $3,400
• For families, the maximum contribution is $6,750
• If you are 55 or older, you are allowed to make an additional $1,000 'catch-up' contribution

Contributions to your HSA are tax-deductible, grow tax-free, and can be withdrawn tax-free for qualified medical expenses. It is a great way to save for healthcare costs while enjoying tax benefits.

Keep in mind that these contribution limits are for 2017 specifically, and they may change in future years. It is essential to stay updated on the latest information regarding HSA contributions.

If you're thinking about opening a Health Savings Account (HSA) in 2017, understanding the contribution limits is key to maximizing your benefits. For the year 2017, individuals can contribute up to $3,400, while families have a limit of $6,750.