Mark Stevens, CFP®
mark@wealthcarenetwork.org
 
 




2018 Key Numbers

 

Protection Planning

Eligible long-term care premium deduction limits:

LTC premium deduction limits20172018
Age 40 or under$410 $420
Age 41-50$770 $780
Age 51-60$1,530 $1,560
Age 61-70$4,090 $4,160
Over age 70$5,110 $5,200

Per diem limit:

LTC periodic payments20172018
Periodic payments for qualified long-term care insurance/certain life insurance$360 $360

Archer Medical Savings Accounts

High deductible health plan--self-only coverage20172018
Annual deductible--minimum$2,250 $2,300
Annual deductible--maximum$3,350 $3,450
Annual out-of-pocket expenses required to be paid (other than for premiums) can't exceed$4,500 $4,550
High deductible health plan--family coverage20172018
Annual deductible--minimum$4,500 $4,550
Annual deductible--maximum$6,750 $6,850
Annual out-of-pocket expenses required to be paid (other than for premiums) can't exceed$8,250 $8,400

Flexible spending account (FSA) for health care

Health care FSAs20172018
Maximum salary reduction contribution$2,600$2,650

Health Savings Accounts (HSAs)

Annual contribution limit20172018
Self-only coverage$3,400 $3,450
Family coverage$6,750 $6,900
High deductible health plan--self-only coverage20172018
Annual deductible--minimum$1,300 $1,350
Annual out-of-pocket expenses required to be paid (other than for premiums) can't exceed$6,550 $6,650
High deductible health plan--family coverage20172018
Annual deductible--minimum$2,600 $2,700
Annual out-of-pocket expenses required to be paid (other than for premiums) can't exceed$13,100 $13,300
Catch-up contributions20172018
Annual catch-up contribution limit for individuals age 55 or older$1,000 $1,000



This communication is strictly intended for individuals residing in the state(s) of GA. No offers may be made or accepted from any resident outside the specific states referenced.

Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2018.