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What is the Maximum Contribution to an HSA for 2018?

Published September 21, 2024

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Short answer: For tax year 2018, self-only coverage allows up to $3,450 to an HSA, while family coverage allows up to $6,900.

2018 maximum HSA contributions by coverage

Understanding the rules and limits of a Health Savings Account (HSA) is crucial for maximizing its benefits. For the tax year 2018, the maximum contribution to an HSA depends on the type of health insurance coverage you have.

For individuals with self-only coverage, the maximum contribution limit for 2018 is $3,450. If you have family coverage, the maximum contribution increases to $6,900.

It's important to note that these contribution limits are set by the IRS and may change each year, so staying informed is key to making the most of your HSA.

Understanding Health Savings Accounts (HSAs) is crucial for anyone looking to save on healthcare costs, and one key element is knowing the maximum contribution limit. For 2018, individuals with self-only coverage can contribute up to $3,450, while those with family plans can contribute as much as $6,900.

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