Clarification on 2018 Health Savings Accounts and Estate Tax Exclusion

The IRS issued updates to tax reform rules that affect a few figures reported in our Tax Guide (December 2017 AAII Journal) and Tax Guide Update (March 2018 AAII Journal).

Health Savings Accounts

Contributions to a Health Savings Account (HSA) cannot exceed $6,850 for a family high-deductible health card plan in 2018. This is $50 lower than the originally reported maximum contribution of $6,900.

Estate Tax Exclusion

The per spouse estate tax exemption for 2018 is $11.18 million, for a total effective exclusion of $22.36 million. This is slightly lower than the originally reported exclusion of $11.2 million.

These changes are due to the IRS recalculating inflation adjustments and arriving at more precise figures. For IRS news releases related to tax reform, go to

The AAII Tax Guide online has been updated with these adjusted figures. The March AAII Journal Tax Guide Update article has also been updated online. You can keep up-to-date with the 2018 tax reform changes here at the AAII Blog.