Hot off the press: The Internal Revenue Service just released the 2011 cost-of-living-adjusted HSA limits.
The following takes effect calendar year 2012:
Annual contribution limits
- The annual limitation on deductions for an individual with employee-only coverage under a high deductible health plan (HDHP) is $3,100 — up $50 from 2011.
- The annual limitation on deductions for an individual with family coverage under a HDHP is $6,250 — up $100 from 2011.
Minimum deductible
- The minimum deductible for employee-only HDHP coverage is $1,200 — no change from 2011.
- The minimum deductible for family HDHP coverage is $2,400 — no change from 2011.
Out-of-pocket max
- The limit on maximum out-of-pocket expenses (including deductibles, co-pays and co-insurance — but not premiums) for employee-only HDHP coverage is $6,050 — up $100 from 2011.
- The limit on maximum out-of-pocket expenses for family HDHP coverage is $12,100 — up $200 from 2011.
Info: IRS’ Revenue Procedure 2011-32 (PDF).