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2017 HSA limits released

Published on Friday, April 29, 2016

2017 HSA limits released

Change is not the order of the day for health savings account (HSA) limits in 2017.

The Internal Revenue Service (IRS) issued its new guidelines for contributions and out-of-pocket expenses for HSAs that are tied to a high-deductible plan this week.

Maximum OOPs for individual and family accounts won’t budget next year, and contributions will remain intact for family plans. Individual contributions increased slightly

Here’s the run-down the details:

  • Out of pocket maximums are unchanged at $6,550 for individuals and $13,100 for families;

  • Maximum contributions for family plans remain the same at $6,750;

  • Individual contributions can increase from $3,350 to $3,400.

High deductible plans in 2017 will be those that have an annual deductible of least $1,300 for self-only coverage and $2,600 for family coverage.

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