On 4/28/2016, the IRS released Revenue Procedure 2016-28, which announced the new 2017 health savings account (HSA) contribution and high-deductible health plan (HDHP) limits.

2017 Annual HSA Contribution Limits

  • $3,400 for self-only coverage under a HDHP (increase of $50 from 2016)
  • $6,750 for family coverage under a HDHP (same as 2016)

2017 Annual HDHP Minimum Deductibles

  • $1,300 for self-only coverage (same as 2016)
  • $2,600 for family coverage (same as 2016)

These limits will be effective 1/1/2017.

 

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Bonnie Mangels – Bonnie is the Corporate Counsel and Senior Compliance Manager for Sequoia. When not inundated in paperwork and legal briefs, her interests include arts and crafts, bunnies, and the Bay Area.