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Alert - IRS Issues 2011 Indexed Amounts for HSAs - No Changes versus 2010

 
 

Pension Digest Alert
IRS Issues 2011 Indexed Amounts for HSAs - No Changes versus 2010
May 2010

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.

High Deductible Health Plans
 
Minimum Annual Deductible
Maximum Annual
Out-of-Pocket Expenses
2010
2011
2010
2011
Single Coverage
$1,200
$1,200
$5950
$5,950
Family Coverage
$2,400
$2,400
$11,900
$11,900

Maximum Contribution Limits
 
2010
2011
 
Single HDHP
$3,050
$3,050
 
Family HDHP
$6,150
$6,150

HSA Catch-Up Contributions
 
2010
2011
 
Age 55 and Older
$1,000
$1,000
 



 
 

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