Health Savings Account Annual Contribution Limits

Health Savings Accounts (HSA) provide tax benefits for the funds that you contribute. However, the Internal Revenue Service limits the amount you are able to contribute to an HSA for each tax year.  The Internal Revenue Service (IRS) reviews and determines the HSA contribution limits on an annual basis. The limits for 2012 and 2013 are listed below. An additional annual catch-up contribution is available to individuals over the age of 55 who are not enrolled in Medicare.
 

2012 Maximum HSA Contributions
Individual contribution
$3,100
Family contribution
$6,250
Catch-up contribution (over age 55 and not enrolled in Medicare)
$1,000
 

2013 Maximum HSA Contributions
Individual contribution
$3,250
Family contribution
$6,450
Catch-up contribution (over age 55 and not enrolled in Medicare)
$1,000

For more information on the 2012 contribution limits or plan qualifications please click here.