2011 Tax Limits for Health Savings Accounts
The contribution limits for 2011 will be the same as the 2010 limits. The Treasury Department and Internal Revenue Service issued the new guidance on the maximum contribution levels for Health Savings Accounts (HSAs) and out-of-pocket spending and deductible limits for High Deductible Health Plans (HDHPs) that must be used in conjunction with HSAs.
The 2011 limits were set forth in Revenue Procedure 2010-22. These limits have not changed because changes in the Consumer Price Index for the relevant period did not result in any changes for 2011 under the statutory formula.
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High Deductible Health Plans |
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Minimum Annual Deductible |
Maximum Annual |
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2010 |
2011 |
2010 |
2011 |
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Single Coverage |
$1,200 |
$1,200 |
$5950 |
$5,950 |
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Family Coverage |
$2,400 |
$2,400 |
$11,900 |
$11,900 |
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Maximum Contribution Limits |
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2010 |
2011 |
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Single HDHP |
$3,050 |
$3,050 |
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Family HDHP |
$6,150 |
$6,150 |
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HSA Catch-Up Contributions |
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2010 |
2011 |
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Age
55 and Older |
$1,000 |
$1,000 |
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