2008 Calendar Year Maximum
- Single accounts-$2900.00
- Family accounts-$5800.00
- Additional contribution for account holders who attain age 55 by December 31, 2008-$900.00
2009 Calendar Year Maximum
- Single accounts-$3,000.00
- Family accounts-$5,950.00
- Additional contribution for account holders who attain age 55 by December 31, 2009 -$1,000.00
It’s not too late to make 2009 contributions. You have until April 15 to finalize your prior year’s contribution.
Further Information on Specific HSA Issues
Guidance on FSA and HRA Rollovers
HSA – Brochure
Advantages of HSAs
Your high deductible insurance and HSA protect you against high or unexpected medical bills …
IRS Publication 2004-2 – Guidance on Health Savings Accounts
Purpose
This notice provides guidance on Health Savings Accounts.
Background
Section 1201 of the Medicare Prescription Drug, Improvement, and Modernization Act of 2003, Pub. L. No. 108-173, added section 223 to the Internal Revenue Code to permit eligible individuals to establish Health Savings Accounts (HSAs) …
