HSA (health savings account) cost-of-living contribution and coverage adjustments for 2017 have been issued in Revenue Procedure 2016-28. The new 2017 HSA limits, minimum deductibles and maximum out-of-pocket expense levels for calendar year 2017 are as follows:
HSA Annual Contribution Limitation
Self-Only Coverage: $3,400 – up from $3,350 in 2016
Family Coverage: $6,750 – no change from 2016
HSA contributions can only be made by individuals enrolled in a high deductible health plan. For calendar year 2017, a high deductible health plan is defined as a health plan with:
Minimum Annual Deductible
Self Only Coverage: $1,300 – no change from 2016
Family Coverage: $2,600 – no change from 2016
Maximum Annual Out-of-Pocket Expenses
Self-Only Coverage: $6,550 – no change from 2016
Family Coverage: $13,100 – no change from 2016
For more information on HSAs, see the Employers and HSAs reference material on Compliancedashboard.