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The 2018 inflation adjusted amounts for Health Savings Accounts (HSAs), are as follows:
The limitation on deductions for an individual with self-only coverage under a high deductible health plan (HDHP) has increased by $50 from 2017 to $3,450; and by $250 to $6,900 for family coverage.
To be considered an HDHP for 2018, the annual deductible needs to be $1,350 ( an increase of $50 from 2017) or more for self-only coverage or $2,700. ( a $100 increase from 2017 rates) or more for family coverage.
The annual out-of-pocket expenses (deductibles, co-payments and other amounts, but not premiums) cannot exceed $6,650 ( decease by $100 from 2017 rates) for self-only coverage or $13,300 ( a decrease by $300 from 2017 rates) for family coverage.
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