2009 HSA Limits Announced

The IRS announced the maximum contribution levels for health savings accounts (HSAs) and out-of-pocket spending limits for high deductible health plans (HDHPs) used in conjunction with HSAs.

Annual contribution levels

For 2009, the maximum annual HSA contribution for an eligible individual is $3,000 and $5,950 for family coverage.

Out-of-pocket spending

The maximum annual out-of-pocket amount for HDHP self-coverage increases to $5,800 and $11,600 for family coverage.

Minimum deductible amounts

For 2009, the minimum deductible for an HDHP increases to $1,150 for self-only coverage and $2,300 for family coverage.