2011 HSA Amounts Released Early
by Kimberly Smith - May 7th, 2010.Filed under: Consumer Driven Health Care. Tagged as: Consumer Driven Health Care, health reimbursement arrangements, health savings accounts.
According to several sources, including Benefit Blog and IQ HSA, the 2011 HSA limits have been released 3 weeks ahead of the IRS formal release. The 2011 limits mirror the 2010 limits as indicated below:
- Maximum annual HSA contribution for individuals is $3,050 and $6,150 for families
- Catch up contributions for those age 55 plus remains $1,000 annually
- Minimum deductible for HDHPs is $1,200 for individuals and $2,400 for families
- Maximum annual out-of-pocket limit for individuals is $5,950 and $11,900 for families
Since 2005, The Gilston Agency has conducted continuing education classes on high-deductible health plans and the tax implications of HSAs and HRAs. We have trained over 200 agents on how to present new cost-effective products to their clients. If you are in need of high-deductible training, please contact the Gilston Agency today!
Columbia Office: 803.772.3122
Charleston Office: 843.571.1155

