The IRS has provided the annual inflation-adjusted contribution, deductible, and out-of-pocket expense limits for 2017 for health savings accounts (HSAs).
Eligible individuals may, subject to statutory limits, make deductible contributions to an HSA. In general, a person is an eligible individual if s/he is covered under a high-deductible health plan (HDHP) and is not covered under any other health plan that is not a HDHP, unless the other coverage is permitted insurance (e.g., for worker's compensation, a specified disease or illness, or providing a fixed payment for hospitalization).
Employers, as well as other persons, such as family members, may also contribute on behalf of an eligible individual. Employer contributions generally are treated as employer-provided coverage for medical expenses under an accident or health plan and are excludable from income.
Annual Inflation-Adjusted Contribution (Each of these amounts is increased by $1,000 if the eligible individual is age 55 or older)
2017 - $3,400
2016 - $3,350
2017 - $6,750 (no change from 2016)
2017 - not less than $1,300 (no change from 2016)
2017 - $2,600 (no change from 2016)
Annual Out-of-Pocket Expenses (deductibles, co-payments, and other amounts, but not premiums)
2017 - do not exceed $6,550 (no change from 2016)
2017 - do not exceed $13,100 for family coverage (no change from 2016)
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