What is the Maximum Contribution to HSA for 2017?

If you're considering opening or already have a Health Savings Account (HSA), you might be wondering about the maximum contribution you can make for 2017. In 2017, the maximum contribution limit for an HSA depends on whether you have individual or family coverage.

For individual coverage in 2017, the maximum contribution allowed is $3,400. This means that if you have an HSA and are enrolled in a high-deductible health plan covering only yourself, you can contribute up to $3,400 for the year.

On the other hand, if you have family coverage in 2017, the maximum contribution limit increases to $6,750. If your high-deductible health plan covers you and at least one other family member, such as a spouse or child, you can contribute up to $6,750 to your HSA for the year.

Are you curious about how much you can stash away in your Health Savings Account (HSA) for 2017? For individuals with personal coverage, the contribution cap is set at $3,400, allowing you to maximize your healthcare savings.