What is the HSA Contribution Amount for 2018?

If you're looking to make the most out of your health savings account (HSA) this year, it's essential to understand the contribution limits for 2018. For individuals with self-only coverage, the maximum HSA contribution amount for 2018 is $3,450. If you have family coverage, the limit is $6,900.

Contributions to your HSA can be made by you as the account holder, your employer, or a combination of both. It's important to note that the contribution limits are set by the IRS and are subject to change each year based on inflation adjustments.

Understanding the contribution limits for your health savings account (HSA) is crucial to maximizing your potential savings and benefits. In 2018, the contribution limit for individuals with self-only coverage is set at $3,450, while those with family coverage can contribute a maximum of $6,900.