HSA Deposit Limits for 2018-2019

The 2018 family maximum Health Savings Account contribution limit is $6,900.  It has been widely reported, erroneously, that the limit remains at $6,850.   The 2018 single maximum HSA deposit limit is $3,450.

One financial planning strategy everyone can use is to allow your HSA balance to carryover from year to year and be invested in low cost indexed mutual funds.  Of course, this does mean you need to pay for healthcare related expenses out of pocket but the long-term tax-deferred growth in and HSA is a very powerful tool in your retirement nest egg.  HSA’s may be used to reimburse yourself for previously unreimbursed qualified healthcare expenses, future healthcare expenses, dental, vision and even Medicare Part B, a Medicare Advantage plan (Part C), a prescription drug plan (Part D), and long-term care insurance, and Medicare expenses, such as co-payments and deductibles.


Health Savings Accounts (HSAs)



HDHP Min Annual Deductible – Single



HDHP Min Annual Deductible – Family



HDHP Out of Pocket Max – Single



HDHP Out of Pocket Max – Family



HSA Max Contribution Limit – Single



HSA Max Contribution Limit – Family



HSA Catch-Up Contribution Limit




As a reminder, the IRS recently adjusted the 2018 family maximum HSA contribution limit from an earlier reduction of $6,850 back to $6,900, with Revenue Procedure 2018-27.

If you have any questions, please reach out to our resident CPA, Tom Taylor, at 410-823-5442 or via email at invest@peakeadvisors.com.

Chesapeake Financial Advisors is a fee-only financial planning, investment advisory and tax planning firm with offices in Towson, Bel Air and Columbia, Maryland.