What is the maximum amount I can contribute for 2009 to my Medical Savings Account (MSA)?
*FOR TAX YEAR 2009 A high deductible health plan (HDHP) is defined as one having an: Annual deductible amount of: • $2,000 to $3,000 for Self-Only coverage • $4,000 to $6,050 for Family Coverage Annual out-of-pocket expense maximum of: • $4,000 for Self-Only coverage • $7,350 for Family coverage For Self Only coverage, annual contributions to the MSA may be made up to 65% of the HDHP’s annual deductible amount. For family coverage, the maximum contribution is 75% of the HDHP’s annual deductible amount. PLEASE NOTE: The accuracy of this calculator and its applicability to your circumstances is not guaranteed. You should obtain personal advice from qualified professionals. State Farm is providing this software “as is” without any warranty of any kind, either expressed or implied, including without limitation the implied warranties of merchantability and fitness for a particular purpose. Any risk arising out of use or performance of this software remains entirely with the user. Under no c
