ERIC Victory! HSA Limit Transitional Relief Granted

Today, the IRS announced that employers can continue to use $6,900 as the HSA contribution limit for employees with eligible family health coverage in 2018. The IRS had reduced the limit after employers had already relied on the $6,900 number.

ERIC, along with 8 member companies, met with IRS & Treasury and asked for this. We also did a good deal of follow-up to help clarify to IRS that they had the authority, and that this was the right thing to do.

Click here to read the press release from the IRS, or click here for the text of IRS Rev. Proc. 2018-27.