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IRS Announces 2012 Key Amounts for Health Savings Accounts

The Internal Revenue Service has announced changes to the 2012 key amounts for Health Savings Accounts

(HSAs) and High Deductible Health Plans (HDHPs). HSA contribution limits and HDHP out-of-pocket

maximums will increase, while the HDHP minimum required deductibles will remain the same as 2011.

2012 Key Amounts

HSA Contribution Limit – Individual $3,100

HSA Contribution Limit – Family $6,250

HDHP Out-of-Pocket Maximums – Individual $6,050

HDHP Out-of-Pocket Maximums – Family $12,100

HDHP Minimum Deductibles – Individual Remains $1,200

HDHP Minimum Deductibles – Family Remains $2,400

Catch-Up Contribution Remains $1,000