HOT OFF THE PRESS!
On March 5, 2018 the IRS released a bulletin containing a change affecting contributions to Health Savings Accounts (H.S.A’s). The family maximum contribution of $6,900 has been reduced to $6,850.
The change is effective January 1, 2018 and is for the entire calendar year.
The self-only maximum contribution limit remains unchanged.
All other contribution limits, remain the same for 2018.
The change is a result of the new tax law enacted December 22, 2017.
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