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News

Department of Employee Trust Funds
April 4, 2018

Family HSA Annual Contribution Limit Lowered

On March 5, 2018, the IRS announced that the previously released annual contribution limit for a family health savings account (HSA) has been lowered for the 2018 tax year.

Old 2018 HSA Family Limit New 2018 HSA Family Limit
 $6,900 $6,850

This change does not impact the individual HSA annual contribution limit which remains unchanged at $3,450.

If you are impacted by this change, you’ll receive an email from TASC, the third-party administrator of the ETF-sponsored health savings account. TASC will work with your employer to adjust your payroll contributions to meet this new limit. No action is required on your part.

Contact TASC with any questions:

 

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