Family Contribution Limit for HSAs Back to $6,900
On Thursday, April 26, the IRS announced that the maximum family contribution limit for Health Savings Accounts is raised to back to $6,900.
This cancels out the March 5 reduction to $6,850.
Employees who received a corrective distribution according to the $6,850 amount may repay the contribution of the HSA up to $6,900. The individual contribution limit for 2018 remains $3,450.
At Cornerstone, we keep you up to date with current legislative news related to health savings, employee benefits, and other human resources information. Contact our employee benefits administration company today if you’d like to learn more.
Recent Posts
- Cyber Security 2022 Update: Ongoing Cyber Turmoil from 2021
- Discover a Better’s Night Sleep: National Sleep Awareness Month
- Benefits Compliance Refresher
- An Update on COVID-19 Vaccine and Testing in the Workplace
- 4 Ways to Reduce Health Benefits Costs in 2022
- Affordable Care Act and Benefits Compliance Part 3: ACA Reporting
- Affordable Care Act and Benefits Compliance Part 2: Safe Harbors
- Affordable Care Act and Benefits Compliance: A Refresher
- Health Plan Transparency Requirements Coming in 2022
- How to Help Your Employees Combat Zoom Fatigue
Posts by Topic
- Benefits (26)
- Health (9)
- HR (21)
- risk management (15)
- wellness (12)
- OSHA (7)
- In the News (7)
- ACA (6)
- Legislative Alerts (5)
- cyber security (4)
- Webinar (3)
- 401k (1)
- Recruiting (1)
- Safety (1)