FinanceRegs.com » IRS releases ’09 amounts for HSAs

IRS releases ’09 amounts for HSAs

May 20, 2008 by Carol Katarsky
Posted in: Fringe benefits, In this week's e-newsletter, IRS regs, Latest news & views

The new maximum contribution levels for ’09 are:

  • $3,000 – for an eligible individual with self-only coverage
  • $5,950 — for family coverage
  • $1,000 — for ‘catch-up’ contributions for individuals 55 or over
  • $5,800 — annual out-of-pocket amounts for high-deductible health plan (HDHP) self-coverage
  • $11,600 annual out-of-pocket amounts for HDHP family coverage

The new amounts take into account cost-of-living adjustments for the coming year.

You can get more details from IRS’ Revenue Procedure 2008-29.

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