Benefits Buzz
IRS Releases 2017 HSA Limits
![IRS Releases 2017 HSA Limits](https://flexiblebenefit.com/sites/default/files/styles/blog_thumb/public/ThinkstockPhotos-488570714.jpg?itok=GLWMZj3W)
These limits are updated annually and reflect cost-of-living adjustments.
HSA contribution limits
- 3,400 for individual coverage (increased $50 from 2016)
- $6,750 for family coverage (no change from 2016)
HSA catch-up contributions (age 55 or older)
- $1,000 (no change from 2016)
Minimum deductible requirements for HSA eligibility:
- $1,300 for self-only coverage (no change from 2016)
- $2,600 for family coverage (no change from 2016)
Maximum out-of-pocket limitations for HSA eligibility:
- $6,550 for individual coverage (no change from 2016)
- $13,100 for family coverage (no change from 2016)
Flexible Benefit Service LLC (Flex) is here to help. As a trusted benefits administrator of HSAs since their beginnings, we provide an easy way to manage eligible health care expenses – now and in retirement. Learn more about HSAs from Flex now.
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The materials contained within this communication are provided for informational purposes only and do not constitute legal or tax advice.