On April 26, 2018, the Internal Revenue Service (IRS) announced relief associated with the decrease from $6,900 to $6,850 for 2018 Health Savings Account (HSA) contributions tied to family coverage that was previously announced in Revenue Procedure 2018-18.
New IRS guidance in Revenue Procedure 2018-27 allows taxpayers to once again treat the 2018 maximum HSA contribution for the family tier as $6,900 – not the reduced limit of $6,850 that was unexpectedly announced on March 2, 2018.
USI is a leading provider of employee benefit programs, commercial insurance, and retirement plan services operating nationally with over 150 offices. In today’s climate of escalating healthcare costs, USI has the knowledge and resources to support your company’s critical employee benefits decisions. We offer strategic cost containment solutions, integrated wellness programs, compliance services, and administration and communication services. Please contact your USI representative for additional information.
© 2018 USI Insurance Services. All Rights Reserved.