Skip to main content

You are here

Advertisement


IRS Ups 2018 HSA Annual Deduction Limitation for Individual with Family Coverage

On April 26, 2018, the IRS issued Revenue Procedure (Rev. Proc.) 2018-27 which increased the health savings account (HSA) family coverage contribution back to $6,900 for 2018. Previously, Revenue Procedure 2018-18 had announced a reduction in the limit to $6,850 (a $50 difference). In MarketBeat, Susan Diehl discusses the basics of the new Revenue Procedure.