New 2009 Maximum Contribution Amounts for HSAs

New guidance has been issued on the maximum contribution levels for Health Savings Accounts (HSAs) and out-of-pocket spending limits for High Deductible Health Plans (HDHPs) that must be used in conjunction with HSAs.

• For 2009, the maximum annual HSA contribution for an eligible individual with self-only coverage is $3,000.
• For family coverage, the maximum annual HSA contribution is $5,950.
• For 2009, the maximum annual out-of-pocket amounts for HDHP self-coverage increase to $5,800 and the maximum annual out-of-pocket amount for HDHP family coverage is twice that, $11,600.
• For 2009, the minimum deductible for HDHPs increases to $1,150 for self-only coverage and $2,300 for family coverage.

http://www.treasury.gov/press/releases/hp975.htm