• HSA Contribution Limit Remains Unchanged for 2011
  • June 1, 2010
  • Law Firm: Ford Harrison LLP - Atlanta Office
  • The IRS has announced that the 2011 inflation adjusted amounts for Health Savings Accounts (HSAs) will remain unchanged from the 2010 amounts because after the application of the cost-of-living adjustment rules, the changes in the Consumer Price Index for the relevant period do not result in changes to the amounts for 2011.

    Annual Contribution Limits for 2011:

    Individual with Self-Only Coverage under High-Deductible Health Plan: $3,050

    Individual with Family Coverage under High-Deductible Health Plan: $6,150

    High Deductible Health Plan:

    For 2011, a high deductible health plan is a health plan with an annual deductible that is not less than $1,200 for self-only coverage or $2,400 for family coverage, and the out-of-pocket expenses (deductibles, co-payments, and other amounts, but not premiums) do not exceed $5,950 for self-only coverage or $11,900 for family coverage.