What is the HSA Limit for 2018? - Understanding Your Health Savings Account

If you are wondering about the HSA limit for 2018, you've come to the right place to gain some insights into your Health Savings Account. In 2018, the HSA contribution limits were as follows:

• For individuals, the limit was $3,450.
• For families, the limit was $6,900.
• For those aged 55 and older, catch-up contributions of up to $1,000 were allowed.

It's important to understand that these limits have the potential to change each year, so staying informed is crucial for managing your HSA effectively.

In 2018, the Health Savings Account (HSA) limits were designed to help individuals and families save for medical expenses efficiently. For individuals, the contribution cap was set at $3,450, while families could contribute up to $6,900. Remember, if you are 55 or older, you could take advantage of an additional catch-up contribution of $1,000 to further bolster your savings.