2017 Health Savings Account Cost of Living Adjustments
The Internal Revenue Service on April 29th announced the cost-of-living adjustments for the HSA contribution limits and for High Deductible Health Plan (HDHP) deductibles and out-of-pocket maximums for 2017.
HSA/HDHP Requirement |
Cost-of-Living Adjustments |
Limit on HSA Contributions - Self-only HDHP |
2016 - $3,350 2017 - $3,400 |
Limit on HSA Contributions - Family HDHP |
2016 - $6,750 2017 - $6,750 |
HDHP Required Deductible - Self-only HDHP |
2016 - $1,300 2017 - $1,300 |
HDHP Required Deductible - Family HDHP |
2016 - $2,600 2017 - $2,600 |
HDHP Out-of-pocket Maximum - Self-only HDHP |
2016 - $6,550 2017 - $6,550 |
HDHP Out-of-pocket Maximum - Family HDHP |
2016 - $13,100 2017 - $13,100 |
HSA Catch-up Contribution Limit |
2016 - $1,000 2017 - $1,000 |
All of the above are for calendar year 2017.
For further information, please contact Attorney Mary Ellen Schill, who prepared this article, or any of the attorneys within the Employment, Benefits & Labor Relations Practice Group of Ruder Ware.