HSA Guide
What is the 2018 Individual Max for HSA?
Published September 2, 2024
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Get the appShort answer: Yes—an HSA lets individuals contribute up to $3,450 in 2018 for tax-advantaged medical expense savings.
2018 HSA contribution limits overview
If you're looking to save for medical expenses while enjoying tax benefits, a Health Savings Account (HSA) could be the solution for you. In 2018, the maximum contribution limit for individual HSA accounts was $3,450.
Here is some key information about HSA contributions in 2018:
- The maximum contribution limit for individuals in 2018 was $3,450.
- For family coverage, the limit was $6,900.
- Individuals aged 55 and older could make an additional catch-up contribution of $1,000.
Why an HSA helps control healthcare costs
Are you interested in taking control of your healthcare costs? In 2018, a Health Savings Account (HSA) allowed individuals to contribute a maximum of $3,450 to their accounts, making it a smart financial choice for medical expense savings.