| 2011 Health Savings Account Cost of Living Adjustments |
   |
| 2010-05/24 Mary Ellen Schill |
The Internal Revenue Service has announced the cost-of-living adjustments for the HSA contribution limits and for High Deductible Health Plan (HDHP) deductibles and out-of-pocket maximums. As set forth below, for 2011, no adjustments have been made to the 2010 amounts.
HSA/HDHP Requirement |
Cost-of-Living Adjustments |
Limit on HSA Contributions - Self-only HDHP |
2010 - $3,050
2011 - $3,050
|
Limit on HSA Contributions - Family HDHP |
2010 - $6,150
2011 - $6,150
|
HDHP Required Deductible - Self-only HDHP |
2010 - $1,200
2011 - $1,200
|
HDHP Required Deductible - Family HDHP |
2010 - $2,400
2011 - $2,400
|
HDHP Out-of-pocket Maximum - Self-only HDHP |
2010 - $5,950
2011 - $5,950
|
HDHP Out-of-pocket Maximum - Family HDHP |
2010 - $11,900
2011 - $11,900 |
HSA Catch-up Contribution Limit |
2010 - $1,000
2011 - $1,000
|
All of the above are for calendar year 2011.
For further information, please contact Attorney Mary Ellen Schill, who prepared this article, or any of the attorneys within the Employment, Labor & Benefits Practice Group of Ruder Ware: Ron Rutlin, Dean Dietrich, Jeffrey T. Jones, Christopher Toner, and Sara Ackermann.
© 2010 Ruder Ware, L.L.S.C. Accurate reproduction with acknowledgment granted. All rights reserved.
This document provides information of a general nature regarding legislative or other legal developments. None of the information contained herein is intended as legal advice or opinion relative to specific matters, facts, situations, or issues, and additional facts and information or future developments may affect the subjects addressed. |