This week, the IRS issued Revenue Procedure 2016-28, which updated the plan limits for health savings accounts and high deductible health plans. These limits, effective for 2017 calendar years, were virtually unchanged from the 2016 limits. In fact, the only change was a $50 increase in the contribution limit for self-only HSAs. Below is a chart summarizing the changes:
|
2016
|
2017
|
HSA – Self-only |
$3,350 |
$3,400 |
HSA – Family |
$6,750 |
$6,750 |
Catch-Up Contribution |
$1,000 |
$1,000 |
HDHP Minimum Deductible – Self-only |
$1,300 |
$1,300 |
HDHP Minimum Deductible – Family |
$2,600 |
$2,600 |
HDHP Maximum Out-of-Pocket – Self-only |
$6,550 |
$6,550 |
HDHP Maximum Out-of-Pocket – Family |
$13,100 |
$13,100 |
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