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What is the Max HSA Contribution for 2018?

Published August 27, 2024

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Short answer: In 2018, the maximum HSA contribution limits are $3,450 for individuals and $6,900 for families, including contributions by you and your employer.

2018 HSA maximum contribution limits

If you're looking to make the most of your HSA in 2018, it's important to know the maximum contribution limit set by the IRS. For the year 2018, the maximum HSA contribution limits were:

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

These limits include both your contributions and any contributions made by your employer into your HSA account. It's worth noting that if you are 55 or older, you can contribute an additional $1,000 as a catch-up contribution.

Why maximizing HSA contributions matters

Contributing the maximum allowed amount to your HSA can have significant tax advantages, as HSA contributions are tax-deductible, grow tax-free, and withdrawals for qualified medical expenses are also tax-free.

For those aiming to maximize their Health Savings Account (HSA) contributions in 2018, understanding the contribution limits is crucial. The IRS set the maximum contribution limits at $3,450 for individuals and $6,900 for families . It's important to note that these amounts encompass contributions made both by you and your employer.

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