How Much Can You Contribute to Your HSA in 2017?

If you have a Health Savings Account (HSA) and you're wondering how much you can contribute in 2017, there are specific limits set by the IRS that you need to keep in mind. Understanding these limits can help you maximize the benefits of your HSA while staying compliant with regulations.

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

• $3,400 for individuals
• $6,750 for families
• For individuals aged 55 and older, an additional $1,000 catch-up contribution is allowed

It's important to note that these contribution limits are set by the IRS and may be subject to change from year to year. To ensure you're making the most of your HSA, consider consulting with a financial advisor or tax professional.

If you have a Health Savings Account (HSA) and you're curious about your contribution limits for 2017, you're in the right place! Knowing these limits can help you save money while keeping your health expenses manageable.

For the year 2017, the IRS has set the maximum contribution limits as follows:

• $3,400 for individuals
• $6,750 for families
• If you're aged 55 or older, you can contribute an extra $1,000 as a catch-up contribution.

Remember that these figures could change each year, so it's wise to stay informed about the current regulations. Consulting with a financial advisor can provide you with tailored advice for optimizing your HSA contributions.