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What do you think of HSAs? Send your comments & questions
This Web site is sponsored by: short term and low cost health insurance including HSA-qualified plans
access to PHCS network discount prices to supplement your HSA
allowable supplemental insurance for HSA plans
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2005 Tax Limits for Medical Savings Accounts
The limits for medical
savings accounts (the predecessor of health savings accounts) are also
updated for 2005. Individual coverage must have a deductible between $1,750
and $2,650 with a maximum out-of-pocket expense of $3,500. Family coverage
under a medical savings account must have a deductible between $3,550 and
$5,250 with a maximum out-of-pocket expense of $6,450.
About the Author: Tony Novak, MBA, MT, is an accountant, writer, and adviser based in Narberth, Pennsylvania. |