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Post Date:  5/2/2016
Last Updated:  5/2/2016

Summary
Cross References
- IRC Section 223
- Rev. Proc. 2016-28
- Rev. Proc. 2015-30
- Rev. Proc. 2014-30

The IRS announced inflation adjusted amounts for Health Savings Accounts (HSAs) for 2017. These amounts are reflected in the chart below.

HSA Limitations
Annual contribution is limited to: 2017 2016 2015
  Self-only coverage, under age 55 $3,400 $3,350 $3,350
  Self-only coverage, age 55 or older $4,400 $4,350 $4,350
  Family coverage, under age 55 $6,750 $6,750 $6,650
  *Family coverage, age 55 or older $7,750 $7,750 $7,650
Minimum annual deductibles:
  Self-only coverage $1,300 $1,300 $1,300
  Family coverage $2,600 $2,600 $2,600
Maximum annual deductible and out-of-pocket expense limits:
  Self-only coverage $6,550 $6,550 $6,450
  Family coverage $13,100 $13,100 $12,900
*Assumes only one spouse has an HSA. See IRS Pub. 969 if both spouses have separate HSAs.

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