What is the maximum HSA contribution?
A member who is eligible to make HSA contributions for all of 2008 can make HSA contribution of up to $2,900 if the member is covered by a single coverage HDHP, or $5,800 for a family coverage HDHP. A couple who share a family coverage HDHP can divide the $5,800 limit between them, as they desire. This maximum must be reduced by any employer contributions to the HSA. A member’s eligibility to make HSA contributions is determined as of the first day of the month. A member who is eligible to make HSA contributions as of the first day of the last month of the year (December 1 for a calendar year taxpayer) is eligible to contribute for the entire year. In all other situations, a member who meets the eligibility tests for only some of the months in a year generally has a reduced HSA contribution limit for that year, based on the number of months of eligibility. For example, a member who meets the HSA eligibility tests for only the first six months of 2007 would be limited tone-half of the c
