{"id":6399,"date":"2018-03-13T15:11:55","date_gmt":"2018-03-13T20:11:55","guid":{"rendered":"http:\/\/blogs.acu.edu\/hr\/?p=6399"},"modified":"2018-03-13T15:11:55","modified_gmt":"2018-03-13T20:11:55","slug":"benefits-tip-irs-reduces-hsa-limit-for-family-coverage-for-2018","status":"publish","type":"post","link":"https:\/\/blogs.acu.edu\/hr\/2018\/03\/13\/benefits-tip-irs-reduces-hsa-limit-for-family-coverage-for-2018\/","title":{"rendered":"Benefits Tip: IRS Reduces HSA Limit for Family Coverage for 2018"},"content":{"rendered":"<p>On March 5, 2018, the IRS release <a href=\"https:\/\/www.irs.gov\/irb\/2018-10_IRB\" target=\"_blank\" rel=\"noopener\">Revenue Procedure 2018-18<\/a> to announce changes to certain tax limits for 2018, including a reduced contribution limit for health savings accounts (HSA&#8217;s). The IRS reduced the HSA contribution limit for 2018 for individuals with family HDHP (high deductible health plan) coverage by $50 to $6,850. All other HSA and HDHP limits for 2018 remain the same.\u00a0 Employees whose HSA contributions will exceed the limit have two options:<\/p>\n<p>1. ACU will automatically decrease your last deduction of 2018 by $50 to accommodate the change in the limit, OR<br \/>\n2. You can complete a new <a href=\"http:\/\/www.acu.edu\/content\/dam\/community\/documents\/emp-fin\/hr\/hsa-contribution-change-form.pdf\">HSA Contribution Form<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On March 5, 2018, the IRS release Revenue Procedure 2018-18 to announce changes to certain tax limits for 2018, including a reduced contribution limit for health savings accounts (HSA&#8217;s). The IRS reduced the HSA contribution limit for 2018 for individuals with family HDHP (high deductible health plan) coverage by $50 to $6,850. All other HSA [&hellip;]<\/p>\n","protected":false},"author":6988,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[18,6377],"tags":[],"class_list":["post-6399","post","type-post","status-publish","format-standard","hentry","category-announcements","category-benefits"],"_links":{"self":[{"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/posts\/6399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/users\/6988"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/comments?post=6399"}],"version-history":[{"count":1,"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/posts\/6399\/revisions"}],"predecessor-version":[{"id":6400,"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/posts\/6399\/revisions\/6400"}],"wp:attachment":[{"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/media?parent=6399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/categories?post=6399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/tags?post=6399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}