Tax Tips & Calculators |
Health Savings Accounts
The statutory amount is the maximum contribution that can be made to an HSA for the year. Taxpayers who are at least age 55 at any time during the year may make an additional contribution. The additional contribution is $1,000 for 2009 and 2010. The minimum deductible and maximum out-of-pocket amounts are the parameters for qualifying high-deductible health plan (HDHP) coverage.
Inflation Adjusted Amounts |
2009 |
2010 |
|
Indexed statutory amount |
Single coverage Family coverage |
$3,000 $5,950 |
$3,050 $6,150 |
Minimum HDHP deductible |
Single coverage Family coverage |
$1,150 $2,300 |
$1,200 $2,400 |
Maximum HDHP deductible plus out-of-pocket co-payments and other amounts |
Single coverage Family coverage |
$5,800 $11,600 |
$5,950 $11,900 |
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