Annual HSA Contribution Calculator. Use this tool to calculate the maximum HSA contribution you may make based upon your HDHP coverage type and how much of the year you are/will be covered by an HDHP. This calculator assumes a January to December standard tax year.
https://www.mywealthcareonline.com/bpcinc/Resources/HSAResources/WhatismyHSAContributionLimit.aspx
“Due to mild inflation and rounding rules, the 2017 HSA contribution limit for family coverage will stay unchanged.”. A comparison of the 2016 and 2017 limits is shown below: Contribution and Out-of-Pocket Limits. for Health Savings Accounts and High-Deductible Health Plans.
https://www.shrm.org/ResourcesAndTools/hr-topics/benefits/Pages/IRS-Sets-2017-HSA-Contribution-Limits.aspx
Update: For 2018 limits on health savings accounts, see the SHRM Online article IRS Sets 2018 Contribution Limits. Aside from a modest increase of $50 in the amount that individuals may contribute annually to their health savings accounts (HSAs) for self-only coverage, HSA-related limits for 2017 are holding firm.
https://www.shrm.org/ResourcesAndTools/hr-topics/benefits/Pages/IRS-Sets-2017-HSA-Contribution-Limits.aspx
However, if you were not an eligible individual for the entire year or changed your coverage during the year, your contribution limit is the greater of: 1. The limitation shown on the last line of the Line 3 Limitation Chart and Worksheet in the Instructions for Form 8889, Health Savings Accounts (HSAs), or. 2.
https://www.mywealthcareonline.com/bpcinc/Resources/HSAResources/WhatismyHSAContributionLimit.aspx
Annual HSA Contribution Calculator Use this tool to calculate the maximum HSA contribution you may make based upon your HDHP coverage type and how much of the year you are/will be covered by an HDHP. This calculator assumes a January to December standard tax year.
https://www.mywealthcareonline.com/bpcinc/Resources/HSAResources/WhatismyHSAContributionLimit.aspx
Update: For 2018 limits on health savings accounts, see the SHRM Online article IRS Sets 2018 HSA Contribution Limits. Aside from a modest increase of $50 in the amount that individuals may contribute annually to their health savings accounts (HSAs) for self-only coverage, HSA-related limits for 2017 are holding firm.
https://www.shrm.org/ResourcesAndTools/hr-topics/benefits/Pages/IRS-Sets-2017-HSA-Contribution-Limits.aspx
For tax year 2011, the annual HSA contributions limit remained the same as they were the previous year: $3,050 for individuals and $6,150 for families that own an HSA. If more than one person is on your health insurance plan, then it’s a family plan.
https://ptmoney.com/hsa-contribution-limits/
However, if you were not an eligible individual for the entire year or changed your coverage during the year, your contribution limit is the greater of: 1. 2. The maximum annual HSA contribution based on your HDHP coverage (self-only or family) on the first day of the last month of your tax year. If you had family HDHP coverage on the first day of the last month of your tax year, your contribution limit for that tax year is the family limit even if you changed coverage during the year. Last-month rule.
https://www.mywealthcareonline.com/bpcinc/Resources/HSAResources/WhatismyHSAContributionLimit.aspx
In Revenue Procedure 2016-28, issued April 29, the IRS provided the inflation-adjusted HSA contribution limits effective for calendar year 2017, along with minimum deductible and maximum out-of-pocket expenses for the high-deductible health plans (HDHPs) that HSAs are coupled with.
https://www.shrm.org/ResourcesAndTools/hr-topics/benefits/Pages/IRS-Sets-2017-HSA-Contribution-Limits.aspx
If account holders can't claim a child as a dependent on their tax returns, then they can't spend HSA dollars on services provided to that child. 1  According to the IRS definition, a dependent is a qualifying child (daughter, son, stepchild, sibling or stepsibling, or any descendant of these) who:
https://www.shrm.org/ResourcesAndTools/hr-topics/benefits/Pages/IRS-Sets-2017-HSA-Contribution-Limits.aspx
what is the annual hsa contribution limit
The annual Health Savings Account contribution limit remained the same as they were the previous year: $3,050 for individuals and $6,150 for families that own a Health Savings Account. The annual Health Sciences Authority contribution limit is $3,050 for individuals and $6,150 for families that own the Health Sciences Authority.