Herrington MacFarland & McLeod

Health Savings Accounts

2012 HSA Contribution Limits

Each year the HSA Contribution Limits are revised (or remain unchanged) based on the inflation rate of the previous year. This year the HSA Contribution Limits were raised about 1.63% based on the rise of the Consumer Price Index (CPI) in the previous year. This means that the contribution limit for an individual increased $50 to $3,100 and the limit for families increased $100 to $6,250. The catch-up provision for those age 55+ remains at $1000.

2011 HSA Contribution Limits

Since inflation was flat in 2009-2010 due to the severity of the recession the contribution limits remain unchanged from 2010

These are $3050 for a single person and $6150 for a family. The catch up provision which allows someone over the age of 55 to set aside some extra money remains at $1000. So this means that a single person over 55 can contribute $4050 and a family where the owner is 55+ can contribute $7150. Contributions for the 2011 calendar year can be made until April 15, 2012.

HSA Historical Contribution Limits

Year	Contribution Limit (Single)	Contribution Limit (Family)	Additional Catch-Up Contribution (55 and older) (Single and Family)
2004	$2,600	$5,150	$500
2005	$2,650	$5,250	$600
2006	$2,700	$5,450	$700
2007	$2,850	$5,650	$800
2008	$2,900	$5,800	$900
2009	$3,000	$5,950	$1,000
2010	$3,050	$6,150	$1,000
2011	$3,050	$6,150	$1,000
2012	$3,150	$6,250	$1,000

Disclaimer
The above explanations are for informational purposes only and may not contain all the specifics of the provisions discussed. Clients should contact us to determine if a specific item applies to your situation.

10320 Garland Road, Dallas, Texas
214-320-9888