News
2018 HSA Family Limit
Posted 04.30.18
Earlier this year, a tax law change for 2018 reduced the HSA contribution limit for individuals with family HDHP coverage from $6,900 to $6,850. After this change was announced, the IRS received complaints that the $50 reduction would be difficult and costly to implement.
The IRS has now decided to allow taxpayers with family HDHP coverage to use the original $6,900 limit for HSA contributions for 2018, without facing excess contribution penalties.
Refer to the below Compliance Bulletin for details and contact your NEEBCo representative with questions.
IRS Allows Taxpayers with Family Coverage To Use $6,900 HSA Limit for 2018