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2011 IRS Limits For Your HSA

The HSA contribution limits are increasing. Effective January 1, 2011 the new contribution limits are:

The annual contribution limits for 2011 have been increased to:

* $3,050 for those with self-only coverage
* $6,150 for those with family coverage

As in previous years, you must be covered under a High Deductible Health Plan (HDHP) to qualify to make an HSA contribution. The limits defining what qualifies as an HDHP have also remained the same for 2011.

* Self-only coverage must have a deductible of at least $1,200
* Family coverage must have a deductible of at least $2,400

If you have questions you would like addressed please contact us at: jsuccop@tailored-benefits.com

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