IRS Announces HSA and HDHC Limits

The IRS recently announced the 2009 contribution limits for both Health Savings Accounts (HSA's) and High Deductible Health Care Plans (HDHC's). Here are the new limits:

HSA's Contribution Limit – Individual coverage - $3000, Family coverage - $5950

HDHC's Minimum Deductible – Individual - $1150, Family - $2300

HDHC's Annual Out of Pocket Expense Limit – Individual - $5800, Family - $11600

For more information follow this link to:

Revenue Procedure 2008-29