New HSA/HDHP Limits for 2017
The IRS has announced the inflation-adjusted limits for health savings accounts and high deductible health plans for 2017. Only the annual contribution limit for individuals enrolling in single coverage will be increasing. The other limits are unchanged. Below is a summary:
If you have any questions regarding HSAs or high deductible health plans or the new limits, please contact the author or any member of the Employee Benefits practice group.