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IRS Releases 2017 Health Savings Account (HSA) Limits

The IRS has announced the 2017 annual contribution amounts for Health Savings Accounts (HSAs).

  • Individuals: In 2017, the maximum annual contribution will be $3,400
  • Families: In 2017, the maximum annual contribution will be $6,750

This represents a $50 increase for individuals over the 2016 contribution limit. However, the limit for families is not being changed.

 

If your company is considering whether to add a Health Savings Account to its employee benefits program, or if you’d like to increase participation in one that you are currently offering, please contact our team at 781-759-1222.

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Posted in: Benefits and Insurance, Human Resources, Legislation

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