Insights: In the News
Kilpatrick Townsend's Mark Stember Quoted by the Society for Human Resource Management re: "IRS Lowers 2018 Family HSA Contribution Limit by $50"
Mark Stember was quoted by the Society for Human Resource Management about the 2018 contribution limit for health savings accounts (HSAs) linked to family coverage being $6,850 — not $6,900, as the IRS had previously announced. The IRS recalculated the limit because the Tax Cuts and Jobs Act that passed at the end of 2017 applies the so-called chained consumer price index (chained CPI) to increases in HSA and a few other employee benefit contribution limits. To read the full article, please click here.
Mark L. Stember