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What is the maximum amount you can deposit in an HSA for 2018?

Published August 28, 2024

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Short answer: Yes—Health Savings Accounts let you save and pay for medical expenses with tax benefits, and 2018 contribution maximums are $3,450 for individuals and $6,900 for families.

HSAs for saving and medical expenses

Health Savings Accounts (HSAs) are a great way to save and pay for medical expenses while enjoying tax benefits.

2018 contribution limits and annual updates

When it comes to contributing to your HSA, the maximum amount you can deposit varies each year. For the year 2018, the maximum amount you can deposit in an HSA is $3,450 for an individual and $6,900 for a family.

It’s important to note that these contribution limits may change each year, so it’s always good to stay informed about the current limits set by the IRS.

Health Savings Accounts (HSAs) offer incredible benefits for individuals looking to save for medical expenses while reaping significant tax advantages. For the year 2018, the limits are set at $3,450 for individual accounts and $6,900 for families. It's worth noting that these contributions can be adjusted annually, so staying updated each year is key.

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