2012 Cost-of-Living Changes to HSA Contribution Limits and HDHP Out-of-Pocket Maximums

Posted May 23, 2011 Company News

The Internal Revenue Service (IRS) has very recently released the 2012 cost-of-living adjustments for Health Savings Accounts (HSA). The HDHP minimum deductible requirements will remain unchanged, while the HSA contribution limits and HDHP out-of-pocket maximums will increase slightly. The 2012 cost-of-living adjustments bring a modest increase in contributions limits and out-of-pocket maximums – the first increase since 2010. The catch-up contribution limit for HSA participants who are age 55 or older will remain unchanged for 2012 at $1,000.

 

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