2017 Health Savings Account Cost of Living Adjustments
By Mary Ellen Schill
May 2, 2016
The Internal Revenue Service on April 29th announced the cost-of-living adjustments for the HSA contribution limits and for High Deductible Health Plan (HDHP) deductibles and out-of-pocket maximums for 2017.
HSA/HDHP Requirement
Cost-of-Living Adjustments
Limit on HSA Contributions – Self-only HDHP
2016 – $3,350
2017 – $3,400
Limit on HSA Contributions – Family HDHP
2016 – $6,750
2017 – $6,750
HDHP Required Deductible – Self-only HDHP
2016 – $1,300
2017 – $1,300
HDHP Required Deductible – Family HDHP
2016 – $2,600
2017 – $2,600
HDHP Out-of-pocket Maximum – Self-only HDHP
2016 – $6,550
2017 – $6,550
HDHP Out-of-pocket Maximum – Family HDHP
2016 – $13,100
2017 – $13,100
HSA Catch-up Contribution Limit
2016 – $1,000
2017 – $1,000
All of the above are for calendar year 2017.
For further information, please contact Attorney Mary Ellen Schill, who prepared this article, or any of the attorneys within the Employment, Benefits & Labor Relations Practice Group of Ruder Ware.
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