What are the annual contribution limits for an HSA?
Contribution limits are established by the IRS and may be updated each year. In 2009, the maximum annual contribution is $3,000 for individual and $5,950 for a family. Rollover amounts from previous years, medical savings accounts or another HSA do not count toward the maximum annual contribution. • Individuals between the ages of 55 and 64 can contribute an additional $1000 annually in catch-up contributions. • If you are 65 years or older and not enrolled in Medicare you can continue to contribute to your HSA and make catch-up contributions if you are enrolled in a HDHP.
Contribution limits are established by the IRS and may be updated each year. In 2010, the maximum annual contribution is $3,050 for individual and $6,150 for a family. Rollover amounts from previous years, medical savings accounts or another HSA do not count toward the maximum annual contribution. • Individuals between the ages of 55 and 64 can contribute an additional $1000 annually in catch-up contributions. • If you are 65 years or older and not enrolled in Medicare you can continue to contribute to your HSA and make catch-up contributions if you are enrolled in a HDHP.
