“My employer’s insurance was too expensive – especially being just out of school. My HSA gives me the coverage I need at a price I can afford.”
KNOW YOUR ALLOWABLE AMOUNTS
IRS Requirements for 2008
Single Plan
Family Plan
Minimum Deductible
$1,100
$2,200
Maximum Out-of-Pocket
$5,600
$11,200
Contribution Limit
$2,900
$5,800
Catch-Up Contribution (55 or older)*
$900
* If a spouse is also 55 or older, a second HSA must be established and a second contribution of $900 could be made to that account.
IRS Requirements for 2009
$1,150
$2,300
$11,600
$3,000
$5,950
$1,000
* If a spouse is also 55 or older, a second HSA must be established and a second contribution of $1,000 could be made to that account.
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