How Much Can You Deposit to HSA in 2018?

If you're considering opening a Health Savings Account (HSA) in 2018, you may wonder how much you can deposit into it. In 2018, the maximum contribution limits for an HSA are:

• $3,450 for individuals
• $6,900 for families

These limits are set by the IRS and help individuals and families save for medical expenses while benefiting from tax advantages. Contributing to an HSA can help you save for current and future healthcare costs, as well as provide a way to grow your savings tax-free.

It's important to note that these contribution limits are for the calendar year of 2018. If you have a High Deductible Health Plan (HDHP) and are eligible to contribute to an HSA, consider maxing out your contributions to take full advantage of the tax benefits and savings opportunities.

When you think about saving for healthcare, consider a Health Savings Account (HSA) as your best ally. In 2018, you can contribute up to $3,450 if you're single or $6,900 if you have a family, allowing you to build a safety net for your medical expenses.