The 2017 contribution limits for health savings accounts (HSAs), recently announced by the Internal revenue Service (IRS), include a slight adjustment for self-only coverage.

For self-only plans, the 2017 contribution limit (employer and employee) is $3,400; this represents a $50 increase over the 2016 limit. For family plans, the 2017 limit remains unchanged from the 2016 amount of $6,750, according to Revenue Procedure 2016-28.

For both 2016 and 2017, the IRS is defining a high deductible health plan as one with an annual deductible of not less than $1,300 for self-only coverage or $2,600 for family coverage. Annual out-of-pocket expenses (deductibles, copayments, and other amounts not including premiums) for both 2016 and 2017 cannot exceed $6,550 for self-only coverage or $13,100 for family coverage.

Note that the 2017 out-of-pocket limits are different for Affordable Care Act (ACA) compliance, at $7,150 for self-only plans and $14,300 for family plans, as indicated in the U.S. Department of Health and Human Services’ “Notice of Benefit and Payment Parameters” rule (81 Fed. Reg. 12203, March 8, 2016).