Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Regulation and Compliance > Federal Regulation > IRS

IRS Sets HSA Amounts

X
Your article was successfully shared with the contacts you provided.

The Internal Revenue Service has announced the 2010 “indexed amounts” for health savings accounts.

The 2010 maximum contribution limit for individual HSAs has increased to $3,050, from $3,000 in 2009.

The 2010 maximum contribution limit for family HSAs has increased to $6,150, from $5,950.

The 2010 high-deductible health plan maximum annual out-of-pocket limit for individuals is $5,950, up from $5,800, and the maximum family limit is $11,900, up from $11,600.

The 2010 minimum HDHP deductible amounts for individuals and families have increased to $1,200 for individuals and $2,400 for families, up from $1,150 and $2,300 in 2009.

The new limits appear in IRS Revenue Procedure 2009-29.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.