Skip to main content
A Better Partnership

Publications

Aug 2008
13
August 13, 2008

IRS Sets 2009 Limits For HSAs

The U.S. Treasury Department and Internal Revenue Service recently released the 2009 indexed amounts, adjusted for inflation, for high-deductible health plans (HDHPs) and health savings accounts (HSAs) under Code section 223(g). The table below summarizes key 2008 and 2009 limits:

 

Calendar Year 2008

Calendar Year 2009

 

 Self-Only

 Family

 Self-Only

 Family

Annual HSA contribution limit

$2,900 

$5,800 

$3,000 

$5,950 

HDHP Minimum Deductible

$1,100

$2,200

$1,150

$2,300

HDHP Maximum Out-of-Pocket Limit
(includes deductibles, co-payments and
other amounts but not premiums)

$5,600

$11,200 

$5,800

$11,600

Catch-Up Contribution Limit $900 $1,000
(age 55 or older by year-end)*

$900

 

$1,000

 

*If a spouse is also 55 or older, a catch-up contribution ($900 in 2008, $1,000 in 2009) may also be made to the spouse’s separate HSA account if the spouse is HSA-eligible.
 

NOTICE. Although we would like to hear from you, we cannot represent you until we know that doing so will not create a conflict of interest. Also, we cannot treat unsolicited information as confidential. Accordingly, please do not send us any information about any matter that may involve you until you receive a written statement from us that we represent you.

By clicking the ‘ACCEPT’ button, you agree that we may review any information you transmit to us. You recognize that our review of your information, even if you submitted it in a good faith effort to retain us, and even if you consider it confidential, does not preclude us from representing another client directly adverse to you, even in a matter where that information could and will be used against you.

Please click the ‘ACCEPT’ button if you understand and accept the foregoing statement and wish to proceed.

ACCEPTCANCEL

Text

+ -

Reset