Discover Excellence

Irs Reduces Hsa Family Contribution Limit For 2018 Flexibl

irs reduces hsa family contribution limit for 2018 flex
irs reduces hsa family contribution limit for 2018 flex

Irs Reduces Hsa Family Contribution Limit For 2018 Flex You and your spouse can split the family contribution limit ($7,750) equally or you can agree on a different division. if you split it equally, you can contribute $4,875 to an hsa (one half the maximum contribution for family coverage ($3,875) $1,000 additional contribution) and your spouse can contribute $3,875 to an hsa. Yes, you read that correctly. previously, the 2018 family contribution limit for health savings accounts was $6,900, and due to an inflation calculation change, this has been reduced by $50 to $6,850 as of march 5th, 2018. fortunately, self only and catch up contribution rates were unchanged. this has come about as of irs bulletin 2018 10 :.

hsa contribution limit Rises For 2019 irs Rp 2018 30 Core Documents
hsa contribution limit Rises For 2019 irs Rp 2018 30 Core Documents

Hsa Contribution Limit Rises For 2019 Irs Rp 2018 30 Core Documents On monday, march 5, 2018, the irs published internal revenue bulletin (irb) 2018 10 that contains revenue procedure (rev. proc.) 2018 19. effective for calendar year 2018, the family contribution limit for health savings accounts (hsas) has been lowered to $6,850 from the previously set amount of $6,900. On march 5, 2018, the irs announced that the 2018 annual hsa contribution limit for those with family hdhp coverage will drop from $6,900 to $6,850. as a result, hsa owners who have already contributed the previously announced maximum contribution amount of $6,900 for 2018 will now have an excess hsa contribution. On march 5, 2018, the irs released revenue procedure 2018 18, which, among other things, adjusts downward the 2018 total contribution limit to health savings accounts (hsas) for. The irs has revised certain 2018 health and welfare benefits limits including employee contributions to family hsas.

Comments are closed.