Contribution limits for Health Savings Accounts (HSAs) and deductible and out-of-pocket expense limits for HSA-qualified High Deductible Health Plans (HDHPs) will change effective January 1, 2009.
2009 HSA:
- $3,000 maximum contribution individual self-only HDHP coverage ($2,900 in 2008)
- $5,950 maximum contribution family HDHP coverage ($5,800 in 2008)
- Catch-up contribution is $1000 for individuals age 55 or older ($900 in 2008)
2009 HDHP:
* $1,150 minimum annual deductible self-only HDHP coverage ($1,100 in 2008)
* $2,300 minimum annual deductible family HDHP coverage ($2,200 in 2008)
* $5,800 maximum annual out-of-pocket expense self-only HDHP coverage ($5,600 in 2008)
* $11,600 maximum annual out-of-pocket expense family HDHP coverage ($11,200 in 2008)
Contact your Johnson & Dugan Account Executive for details about HSA plans. For additional information about Health Savings Accounts, including answers to frequently asked questions, related IRS forms and publications, technical guidance, and links to other helpful web sites, see the Treasury Department website: http://www.treas.gov/offices/public-affairs/hsa/
