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How much can you put into a HSA in 2018?

Published September 19, 2023

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Short answer: In 2018, self-only HDHP coverage allows up to $3,450, family coverage up to $6,900, and those 55+ can add a $1,000 catch-up; employer contributions count toward the maximum.

2018 HSA contribution limits for coverage

Health Savings Accounts (HSAs) are great tools to save for medical expenses while reaping tax benefits. If you have an HSA, you may wonder how much you can contribute to it in 2018.

In 2018, individuals with self-only coverage under a high deductible health plan (HDHP) can contribute up to $3,450, while those with family coverage can contribute up to $6,900.

Key 2018 rules: caps, catch-up, employers

Here are some key points to consider regarding HSA contributions in 2018:

  • Individuals with self-only coverage can contribute up to $3,450.
  • Those with family coverage can contribute up to $6,900.
  • If you are 55 or older, you can make an additional catch-up contribution of $1,000.
  • Employer contributions count towards the maximum allowable contribution limit.

Additional 2018 limit details and reminders

Make sure to take advantage of the tax benefits of HSAs and contribute the maximum allowed amount for your situation in 2018!

Health Savings Accounts (HSAs) are a fantastic way to save for your medical expenses while enjoying significant tax benefits. If you’re curious about the HSA contribution limits for 2018, you’re in the right place!

In 2018, individuals with self-only coverage under a high deductible health plan (HDHP) can contribute up to $3,450. For those opting for family coverage, the limit is increased to $6,900.

Here are some key details to keep in mind while planning your contributions:

  • For individuals with self-only coverage, the contribution cap is $3,450.
  • Families covered under an HSA are permitted to contribute up to $6,900.
  • Are you 55 or older? You can add an extra $1,000 as a catch-up contribution to boost your savings.
  • Don't forget that employer contributions also count towards your allowed maximum limit!

Utilizing your HSA to its fullest can significantly enhance your financial strategy, so make sure to contribute the maximum allowed amount for your situation in 2018!

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