If you're looking to boost your HSA savings in 2018 and wondering about the individual max contributions for Catch Up contributions, read on to find out more!
In 2018, the limit for HSA Catch Up contributions for individuals aged 55 and older was set at $1,000. This means that individuals in this age group could contribute up to $1,000 more on top of the regular HSA contribution limits.
It's important to take advantage of Catch Up contributions if you're eligible as they can help you save more for healthcare expenses in the future. Planning ahead and maximizing your HSA contributions can provide greater financial security when unexpected medical costs arise.
If you're looking to boost your Health Savings Account (HSA) savings in 2018, understanding the individual max contributions for Catch Up contributions is essential! For individuals aged 55 and older, the Catch Up contribution limit was $1,000, which allows you to save more as you approach retirement.
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