Tuesday, May 31, 2011

HSA limits announced for 2012

On May 16, 2011, the IRS released the inflation-adjusted health savings account (HSA) contribution limits for individual and family HSAs.  The amounts are being raised for 2012, whereas the 2011 rates were unchanged from 2010.  The new annual limits will be $3,100 for individual accounts and $6,250 for family accounts (previously $3,050 and $6,150 in 2011).

The minimum deductibles for qualified high deductible health plans (HDHP) have remained unchanged for 2012, although the maximum out-of-pocket amounts have increased from $5,950 to $6,050 for individual coverage and from $11,900 to $12,100 for family coverage.

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