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.