What is the max contribution for HSA 2018?

Health Savings Account (HSA) is a valuable tool for managing healthcare expenses. One of the key factors of an HSA is the contribution limit set for each year. In 2018, the maximum contribution for an individual with self-only coverage is $3,450, and for those with family coverage, it is $6,900.

Contributions to an HSA are tax-deductible, and the money in the account can grow tax-free, making it a smart way to save for future medical expenses. It's essential to know the contribution limits to take full advantage of this benefit.

Understanding your Health Savings Account (HSA) can significantly impact your financial wellbeing. In 2018, the contribution limits were set at $3,450 for individuals with self-only coverage and $6,900 for families, enabling you to save effectively for healthcare costs.