At LD&B Benefits Administrators, our knowledgeable team offers administration of your benefit accounts with up-to-date technology, such as The LD&B Benefits Card, online services, and a mobile application. However, our advanced technology cannot replace the exceptional personal service we provide to both employers and employees.
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Please Note: HSA Family-Level Contribution Update
On Monday, March 5th, 2018 the IRS announced that the previously released maximum family contribution limit to a Health Savings (HSA) has been reduced from $6,900 to $6,850 for 2018. This change applies immediately and any contribution to an HSA that has family-level coverage in 2018 over $6,850 will be considered an Excess Contribution. This change only applies to family-level coverage leaving the individual contribution limit for 2018 at $3,450.
More details can be found in the IRS published Internal Revenue Bulletin (IRB) 2018-10 that contains Revenue Procedure (Rev. Proc.) 2018-18. Click here to read the published Internal Revenue Bulletin.