Saturday, May 19, 2012

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2012 HSA Contribution Limits

The IRS has announced the 2012 HSA Contribution Limits.

Contribution limits are based on your insurance coverage and age.

Single Coverage:  $3,100

Family Coverage (2 or more people on your policy):  $6,250

Catch up Contribution:   If you are age 55 or older at any time during the tax year, you may contribute an additional $1,000 to the numbers above.

To view IRS publication, click here.