What is the maximum contribution limit for HSA in 2017?

Health Savings Accounts (HSAs) are a great way to save money for medical expenses while enjoying tax advantages. In 2017, individuals were allowed to contribute up to $3,400 to their HSA accounts, while families could contribute up to $6,750.

Contributions to an HSA are tax-deductible, grow tax-free, and can be withdrawn tax-free for qualified medical expenses. These accounts are a valuable tool for managing healthcare costs and saving for the future.

Health Savings Accounts (HSAs) are a smart financial tool that not only help you save for medical expenses but also provide significant tax advantages. In the year 2017, the contribution limits were set at $3,400 for individual accounts and $6,750 for family accounts, making them a fantastic option for those looking to manage healthcare costs effectively.