How Much Can I Contribute Annually to an HSA?

For 2016, the maximum annual HSA contribution is $3,350 for single coverage and $6,750 for family coverage

The 2017 health savings account (HSA) guidelines were recently released by the Internal Revenue Service (IRS). These guidelines outline the inflation-adjusted contribution, deductible, and out-of-pocket spending limits for Health Savings Accounts (HSAs) and high-deductible health plans (HDHPs) for calendar year 2017.

Except for the annual contribution limit for self-only coverage, which increased from $3,350 in 2016 to $3,400 in 2017, all other deductible, out-of-pocket and annual contribution limits remain unchanged in 2017.

These limits are updated annually and reflect cost-of-living adjustments.

2016 HSA contribution limits

• $3,350 for individual coverage)
• $6,750 for family coverage

2016 HSA catch-up contributions (age 55 or older)

• $1,000 per person over 55

2017 HSA contribution limits

• $3,400 for individual coverage (increase of $50 from 2016)
• $6,750 for family coverage (no change from 2016)

2017 HSA catch-up contributions (age 55 or older)

• $1,000 (no change from 2016)

2017 Minimum deductible requirements for HSA eligibility:

• $1,300 for self-only coverage (no change from 2016)
• $2,600 for family coverage (no change from 2016)

2017 Maximum out-of-pocket limitations for HSA eligibility:

• $6,550 for individual coverage (no change from 2016)
• $13,100 for family coverage (no change from 2016)