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Legislative News

Announcing 2018 Health Savings Account (HSA) Limits

The HSA contribution limits will increase for the 2018 calendar year. Below are the 2018 Internal Revenue Service (IRS) limits. These amounts could change if the Senate approves the American Health Care Act (AHCA).

2018 HSA contribution limits
Individual: $3,450 ($50 increase from 2017)
Family: $6,900 ($150 increase from 2017)

Mileage rate for eligible medical visits changed to $.17 per mile

Effective January 1, 2017, the standard mileage rate (as set by the IRS) for the use of a car, van, pickup or panel truck for eligible medical visits will be $.17 per mile. The cost of fares for buses, taxis, trains and subways will continue to be reimbursable for the full amount.