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May 2, 2016

IRS Announces HSA & HDHP Limits for 2017

The IRS has released the inflation-adjusted limits for HSAs and HDHPs for 2017. These limits include: (1) the maximum HSA contribution limit; (2) the minimum deductible amount for HDHPs; and (3) the maximum out-of-pocket expense limit for HDHPs. The HDHP limits will not change for 2017 plan years. The only limit that will change for 2017 is the HSA contribution limit for individuals with self-only coverage under an HDHP, which will go up by $50.