What is the Maximum Contribution to an HSA in 2017?

If you're considering starting or already have a Health Savings Account (HSA), you may wonder about the maximum contributions allowed in 2017. As of 2017, the maximum contribution limits are set by the IRS.

For individuals, the maximum contribution to an HSA in 2017 was $3,400. If you had a family plan, the maximum contribution for the year was $6,750.

Contributions to an HSA are tax-deductible and can be a smart way to save for medical expenses while taking advantage of tax benefits.

It's important to stay informed about HSA contribution limits to make the most of this financial tool. Be sure to check with the IRS or a financial advisor for the most up-to-date information.

If you're thinking about starting or currently have a Health Savings Account (HSA), understanding the maximum contributions allowed in the past can be essential for planning. In 2017, the IRS set the maximum contribution limits at $3,400 for individuals, while families could contribute up to $6,750.