IRS Issues 2017 Indexed Amounts for HSAs
The HSA contribution limits for 2017 will be the same as the 2016 limits for family HDHP coverage, but will increase by $50 for single HDHP coverage. The Treasury Department and Internal Revenue Service issued new guidance on the maximum contribution levels for Health Savings Accounts (HSAs) and out-of-pocket spending and deductible limits for High Deductible Health Plans (HDHPs) that must be used in conjunction with HSAs. The 2017 limits are set forth in Revenue Procedure 2016-28.These limits have changed only minimally because changes in the Consumer Price Index were very small for the relevant period under the statutory formula.
High Deductible Health Plans Maximum Contribution Limits Under Age 55
Single HDHP Family HDHP Single HDHP Family HDHP HSA Catch-Up Contributions
Age 55 and Older
Single Coverage Family Coverage
