As many of you know, I track the data needed to make inflation adjustments for Health Savings Accounts from one year to the next. I have accurately predicted the annual adjustments by the Internal Revenue Service for the past 11 years.
With today’s release of the March inflation figures by the Bureau of Labor Statistics, I am finalizing my projections for the 2018 HSA amounts. Next year, everything will be changing (except for the $1,000 catch-up contribution for persons age 55 or older). This means contribution limits are going up, but so are the minimum deductibles and out-of-pocket limits for HSA-qualified health insurance plans. You can find my final projections here at AskMrHSA.com. So let the planning begin!
The IRS will publish the official 2018 HSA amounts in May.