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Friday, 27 April 2018
HSA family limit back to $6,900

After a confusing series of IRS actions, they have decided to increase the family HSA contribution limit to the original $6,900 for 2018. In March 2018, the IRS announced that a change in the inflation adjustment calculators for 2018 lowered the maximum deductible HSA contributions by $50 to $6,850. This is after they had announced in 2017 the limits would be $6,900. 

Now, the IRS has granted relief or affected taxpayers by allowing the originally announced $6,900 family HSA limit to remain in effect. The IRS cited "numerous unanticipated administrative and financial burdens" in response to the $50 reduction. 

Read more here

Posted on 04/27/2018 9:07 AM by David Moore
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