Article provided by American Benefits Council)The U.S. Treasury Department and Internal Revenue Service (IRS) has released Revenue Procedure 2017-37, which lists the indexed amounts, adjusted for inflation, for health savings accounts (HSAs) and high-deductible health plans (HDHPs) for calendar-year 2018.
Limits for all categories will increase in 2018, as shown in this table:
|Calendar Year 2017||Calendar Year 2018|
|Annual Contribution Limit||$3,450||$6,750||$3,450||$6,900|
|HDHP Minimum Deductible||$1,300||$2,600||$1,350||$2,700|
|HDHP Out-of-Pocket Limit
(includes deductibles, co-payments
and other amounts but not premiums)