IRS Announces New HSA/HDHP Limits for 2017

HDHPHSA2The IRS has released the inflation-adjusted limits for HSAs and HDHPs for 2017. These limits include: (1) the maximum HSA contribution limit; (2) the minimum deductible amount for HDHPs; and (3) the maximum out-of-pocket expense limit for HDHPs. The HDHP limits will not change for 2017 plan years. The only limit that will change for 2017 is the HSA contribution limit for individuals with self-only coverage under an HDHP, which will go up by $50. Get the update here.

Are you wondering if an HDHP/HSA is right for you? Learn how HDHP/HSA works here. If you’d like to weigh out the pros and cons, get a little more information here.

If you would like to learn more about High Deductible Health Plans and Health Savings Accounts, hdhphsacall your Taylor Insurance Services expert today. Don’t have a Taylor Agent? We’d love to get you connected to the power of T. Call us today at (229) 247-6411. Our experts are ready to help you get the most out of your employee benefits program and develop strategies that both recruit and retain top-notch talent.

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