If you are considering opening a Health Savings Account (HSA) for your family in 2018, it's important to know the contribution limits. The maximum contribution amount for an HSA family account in 2018 is $6,900. This means you can save up to $6,900 in your HSA account to cover qualified medical expenses for your family.
Contributions to an HSA are tax-deductible, grow tax-free, and can be withdrawn tax-free for medical expenses. It's a valuable tool to save for future healthcare costs while enjoying tax benefits.
In 2018, the contribution limit for a Health Savings Account (HSA) designed for families is set at $6,900. This allows you to effectively prepare for potential healthcare expenses while taking advantage of tax benefits.
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