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MedCost

Notice of Change to HSA 2018 Contribution Limits

Notice of Change to HSA 2018 Contribution Limits 

On March 5, 2018, as a result of the tax reform law (P.L. 115-97), the IRS released Bulletin No. 2018-10, adjusting dollar limitations for health savings accounts (HSAs) and high-deductible health plans (HDHPs) for 2018. The only change impacting HSAs was to adjust the contribution limits for family coverage from $6,900 to $6,850.

For guidance on HSAs, please review the IRS frequently asked questions page or contact your MedCost Benefit Services Account Manager.