Author Topic: HSA Family Contribution Limit Lowered 2018  (Read 1349 times)

nobody123

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HSA Family Contribution Limit Lowered 2018
« on: March 16, 2018, 08:35:46 AM »
So did anyone else have the pleasure of explaining to their HR department that they needed to adjust witholdings for your HSA?  In case you hadn't heard, an unintended consequence of the new tax law changes reduced the family contribution limit by $50 to $6850.  https://www.irs.gov/pub/irs-irbs/irb18-10.pdf

terran

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Re: HSA Family Contribution Limit Lowered 2018
« Reply #1 on: March 16, 2018, 09:08:18 AM »
There's a good thread going on about this, including some proposed solutions if you over-contribute, at https://www.bogleheads.org/forum/viewtopic.php?f=2&t=243621

BTDretire

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Re: HSA Family Contribution Limit Lowered 2018
« Reply #2 on: March 17, 2018, 06:49:21 PM »
Great! I over contributed.
On my way to Bogleheads to find my way out of this fine prediciment.

EDIT,
Can't get into my Boglehead account and I have no idea why, I get this message.
"Your account has been manually deactivated and is only able to be reactivated by an administrator."
But as far as I can tell, I have to get in to message an administrator.
« Last Edit: March 17, 2018, 07:35:18 PM by BTDretire »

MDM

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Re: HSA Family Contribution Limit Lowered 2018
« Reply #3 on: March 18, 2018, 08:24:58 AM »
Can't get into my Boglehead account and I have no idea why, I get this message.
"Your account has been manually deactivated and is only able to be reactivated by an administrator."
But as far as I can tell, I have to get in to message an administrator.
From About Us | Bogleheads Investing Advice and Info:
Quote
If you are having a problem with your Bogleheads.org account, email us at bhadmin@bogleheads.org. Please include your username in the correspondence.

Joel

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Re: HSA Family Contribution Limit Lowered 2018
« Reply #4 on: March 18, 2018, 09:17:33 AM »
Wow. I had no idea.

BTDretire

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Re: HSA Family Contribution Limit Lowered 2018
« Reply #5 on: March 19, 2018, 11:55:33 AM »
Can't get into my Boglehead account and I have no idea why, I get this message.
"Your account has been manually deactivated and is only able to be reactivated by an administrator."
But as far as I can tell, I have to get in to message an administrator.
From About Us | Bogleheads Investing Advice and Info:
Quote
If you are having a problem with your Bogleheads.org account, email us at bhadmin@bogleheads.org. Please include your username in the correspondence.
Thanks, MDM
 I sent an email.
« Last Edit: March 28, 2018, 08:02:37 AM by BTDretire »

BTDretire

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Re: HSA Family Contribution Limit Lowered 2018
« Reply #6 on: March 22, 2018, 03:53:10 PM »
I contacted my HSA holder and they walked me through removing the $50 excess contribution.
 It was easy and they didn't charge me.

DarkandStormy

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Re: HSA Family Contribution Limit Lowered 2018
« Reply #7 on: May 02, 2018, 10:06:47 AM »
https://www.irs.gov/pub/irs-drop/rp-18-27.pdf

False alarm.  Limit back to $6,900.

(LOL IRS just making it up as they go)