What is the current maximum amount you can contribute to an HSA for 2018?

Health Savings Accounts (HSAs) are a great way to save money for medical expenses while also receiving tax benefits. If you're considering contributing to an HSA for the year 2018, you might be wondering what the maximum amount you can contribute is. As of 2018, the maximum contribution limits for HSAs are as follows:

• Individuals: $3,450
• Family: $6,900
• Additional catch-up contribution for individuals aged 55 and older: $1,000

It's important to note that these contribution limits can change annually, so it's always a good idea to stay informed about the current limits. By contributing to an HSA, you not only save for medical expenses tax-free but also have the flexibility to use the funds for qualified healthcare costs.

Health Savings Accounts (HSAs) are a fantastic vehicle for saving money specifically for medical expenses. If you're planning on contributing to an HSA in 2018, you need to know the maximum contribution limits. For the year 2018, these limits are set at:

• Individuals: $3,450
• Family: $6,900
• Plus, if you're aged 55 or older, you can make an additional catch-up contribution of $1,000.

Remember to stay updated on these limits each year as they can vary, which helps in maximizing your tax advantages while saving for healthcare costs.