2017 HSA Limits

The IRS has released Revenue Procedure 2016-28 notifying Health Savings Account owners of the funding and deductible limits effective January 1, 2017.

Annual HSA Contribution Limits

• Single – $3,400 ($50 increase from 2016)
• Family – $6,750 (No change from 2016)

Annual Minimum Required Deductibles

• Single – $1,300 (unchanged from 2016)
• Family – $2,600 (unchanged from 2016)

Out-of-Pocket Maximums

• Single – $6,650 ($100 increase from 2016)
• Family – $13,100 (No change from 2016)

HSA Reporting Reminder:
If you are 55 years old or older and enrolled in a high deductible health plan an additional $1000 can be added to these total amounts. This is considered a “Catch-up” contribution.

For more information on Health Savings Account (HSA) eligibility and utilization please contact your KBM Management Account Executive today.