{"id":2115,"date":"2018-04-27T15:32:33","date_gmt":"2018-04-27T19:32:33","guid":{"rendered":"http:\/\/www.bakertillyvantagen.com\/?p=2115"},"modified":"2023-05-09T14:18:44","modified_gmt":"2023-05-09T14:18:44","slug":"irs-announces-increase-hsa-family-contribution-limit","status":"publish","type":"post","link":"https:\/\/sitepreviews.org\/bt-vantagen\/2115\/irs-announces-increase-hsa-family-contribution-limit\/","title":{"rendered":"IRS announces increase for HSA family contribution limit"},"content":{"rendered":"<p><a href=\"http:\/\/bakertillyvantagen.com\/wp-content\/uploads\/2018\/05\/shutterstock_343545881-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2116\" title=\"IRS announces change for HSA family contribution limit\" src=\"http:\/\/bakertillyvantagen.com\/wp-content\/uploads\/2018\/05\/shutterstock_343545881-1-300x200.jpg\" alt=\"\" width=\"755\" height=\"503\" srcset=\"https:\/\/sitepreviews.org\/bt-vantagen\/wp-content\/uploads\/2018\/05\/shutterstock_343545881-1-300x200.jpg 300w, https:\/\/sitepreviews.org\/bt-vantagen\/wp-content\/uploads\/2018\/05\/shutterstock_343545881-1-1024x683.jpg 1024w, https:\/\/sitepreviews.org\/bt-vantagen\/wp-content\/uploads\/2018\/05\/shutterstock_343545881-1-768x513.jpg 768w, https:\/\/sitepreviews.org\/bt-vantagen\/wp-content\/uploads\/2018\/05\/shutterstock_343545881-1-1536x1025.jpg 1536w, https:\/\/sitepreviews.org\/bt-vantagen\/wp-content\/uploads\/2018\/05\/shutterstock_343545881-1-2048x1367.jpg 2048w\" sizes=\"auto, (max-width: 755px) 100vw, 755px\" \/><\/a>The IRS announced\u00a0an increase\u00a0to the maximum HSA family contribution for the 2018 calendar year in\u00a0<a href=\"https:\/\/www.irs.gov\/pub\/irs-drop\/rp-18-27.pdf?_cldee=bmljb2xlLmhvbGxpc3RlckB2YW50YWdlbmxsYy5jb20%3d&amp;recipientid=contact-d9897821ba9be61180e2fc15b4286740-bab6cc14473740ae987caa1d6eace87c&amp;esid=f48f5e15-334a-e811-814d-e0071b66ae41\" target=\"_blank\" rel=\"noopener noreferrer\">Revenue Procedure 2018-27.<\/a><\/p>\n<p>The family contribution limit for HSAs has been raised from<strong>$6,850\u00a0to $6,900.<\/strong><\/p>\n<p>This\u00a0mid-year increase comes shortly\u00a0after the IRS lowered the HSA maximum in March to $6,850 as part of Tax Reform and Jobs Act\u00a0(P.L. 115-97).<\/p>\n<p>Flexible Spending Accounts (Health Care FSAs, Dependent Care FSAs, Parking and Transit plans) were not affected.<\/p>\n<p>Baker Tilly Vantagen is preparing to support our partners with this change. As a first step, our myFlexDollars portal was updated on April 30,\u00a02018\u00a0to reflect the new maximum contribution limit.<\/p>\n<p>If you have any questions regarding this announcement\u00a0or to learn how Baker Tilly Vantagen experts can help,\u00a0<a href=\"http:\/\/www.bakertillyvantagen.com\/contact-vantagen\/\" target=\"_blank\" rel=\"noopener noreferrer\">contact our team<\/a><a href=\"http:\/\/www.bakertillyvantagen.com\/contact-vantagen\/\">.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The IRS announced\u00a0an increase\u00a0to the maximum HSA family contribution for the 2018 calendar year in\u00a0Revenue Procedure 2018-27. The family contribution limit for HSAs has been raised from$6,850\u00a0to $6,900. This\u00a0mid-year increase comes shortly\u00a0after the IRS lowered the HSA maximum in March to $6,850 as part of Tax Reform and Jobs Act\u00a0(P.L. 115-97). Flexible Spending Accounts (Health [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2116,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[21],"class_list":["post-2115","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-benefits-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IRS Announces Increase for HSA Family Contribution Limit<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sitepreviews.org\/bt-vantagen\/2115\/irs-announces-increase-hsa-family-contribution-limit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IRS Announces Increase for HSA Family Contribution Limit\" \/>\n<meta property=\"og:description\" content=\"The IRS announced\u00a0an increase\u00a0to the maximum HSA family contribution for the 2018 calendar year in\u00a0Revenue Procedure 2018-27. The family contribution limit for HSAs has been raised from$6,850\u00a0to $6,900. This\u00a0mid-year increase comes shortly\u00a0after the IRS lowered the HSA maximum in March to $6,850 as part of Tax Reform and Jobs Act\u00a0(P.L. 115-97). 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