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IRS lowers 2018 HSA Contribution Maximum

    March 7, 2018

    Yesterday the IRS threw a curveball to high deductible health plan (HDHP) enrollees everywhere by lowering the maximum contribution they can make to their health savings accounts (HSAs) for 2018 by $50, if enrolled in other than self-only coverage. The change, and other retroactive adjustments to certain fringe benefit limits and IRS penalties for 2018, are the result of the recent changes in federal tax law.