2015 HSA Contribution Limits and Out of Pocket Limits

June 26, 2014 | Posted in Health Savings Accounts

The 2015 amounts for HSA qualified plans are as follows: Annual contributions to an HSA may not exceed $3,350 for self-only coverage and $6,650 for family coverage (individuals age 55 or older may make additional catch-up contributions of up to

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2014 HSA Contribution Limits

June 5, 2013 | Posted in Health Savings Accounts

The IRS established the 2014 maximum contribution limits for HSA.  When you have single coverage (EO), the max is $3300 for the year.  When you have coverage with dependents (ES, EC, or EF), the max is $6550.

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2013 HSA limits announced

May 14, 2012 | Posted in Health Savings Accounts

The maximum HSA contribution limits will increase for all eligible participants. 2013 Annual Maximum Contribution Limits for HSAs: For individuals with self-only coverage under an HDHP, the annual limit on contribu­tions will be $3,250. For those with family coverage under

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2012 Inflation adjustments announced for HSAs

June 22, 2011 | Posted in Health Savings Accounts

The IRS recently released an advance copy of Revenue Procedure 2011-32, which outlines the maximum annual contribution limits for HSAs. The maximum HSA contribution limits will increase for all eligible participants. 2012 Annual Maximum Contribution Limits for HSAs : For

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Important HSA Changes for 2011

December 9, 2010 | Posted in Health Savings Accounts

Under the new law, if you use your HSA funds for non-qualified expenses, you will face a higher penalty. The tax penalty for non-qualified HSA distributions will increase, effective January 1, 2011, from 10% to 20%. Starting January 1, 2011

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2011 Limits Released for HSA Contributions

June 16, 2010 | Posted in Health Savings Accounts

The IRS has determined that the change in inflation was not significant enough to result in adjustments to the 2011 limits on Health Savings Account contributions. Those with single, or self-only, coverage may contribute up to $3,050 for 2011. Those

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HSA Bank Eliminates Two Fees as Banking Industry Fees Soar

February 26, 2010 | Posted in Health Savings Accounts, Tips

WATERBURY, Conn., December 1, 2009 – Today’s news is plastered with Congress discussing the rapidly rising fees in the banking industry. Despite many banks increasing fees, HSA Bank® announced today that it eliminated the set up fee and debit card

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How Eligibiliy and Contributions Limits are Determined for Married Individuals

June 1, 2009 | Posted in Health Savings Accounts

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IRS HSA Phone Contacts for Assistance

February 4, 2009 | Posted in Health Savings Accounts

For HSA questions involving individuals, call the IRS toll-free assistance line at 1-800-829-1040. For HSA questions involving businessess, call 1-800-829-4933.

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Save HSA Debit Card Fees

January 9, 2009 | Posted in Health Savings Accounts

If you are using your HSA debit card to pay for eligible medical expenses, make sure to indicate CREDIT instead of DEBIT to save debit fees.

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