The IRS has announced the 2013 limitation amounts for Health Savings Accounts as determined under Code Section 233. The new limits for 2013 are as follows:
Limit | 2012 | 2013 |
HSA Contribution – Single Coverage | $3,100 | $3,250 |
HSA Contribution – Family Coverage | $6,250 | $6,450 |
Age 55+ Catch-Up Contribution | $1,000 | $1,000 |
HDHP Minimum Deductible – Single Coverage | $1,200 | $1,250 |
HDHP Minimum Deductible – Family Coverage | $2,400 | $2,500 |
HDHP Out-of-Pocket Maximum – Single Coverage | $6,050 | $6,250 |
HDHP Out-of-Pocket Maximum – Family Coverage | $12,100 | $12,500 |