Update: HSA Maximum Contribution for 2018 Revised Again

In March, the IRS announced a slight reduction in the maximum allowed family contribution to a health savings account (HSA) for the 2018 tax year—from $6,900 to $6,850. Please note that the IRS has restored the previous limit, to $6,900, for 2018.

The individual contribution limit for 2018 has remained unchanged at $3,450. No other 2018 HSA limits have been affected by these changes.

Questions?
As a reminder, Cooperative Benefit Administrators does not administer HSA plans; HealthEquity is the business partner many co-ops have chosen as their HSA custodian. HealthEquity will be reaching out to both employers and participants to notify them of the most recent change and provide further information. If you or your employees have questions in the meantime, please contact HealthEquity:

• Employer customer support: 866.382.3510
• Participant customer support: 800.766.0525

Co-ops who use an HSA provider other than HealthEquity should contact that provider for further guidance and assistance.