IRS Announces 2013 HSA Limits and HDHP Maximums The IRS has announced adjustments that affect HSAs in 2013. Â Both HSA contribution limits and high deductible health plan out-of-pocket maximums have been raised over the 2012 limits. Â These changes go into effect January 1st, 2013. HSA contribution limits: Individuals – $3,250 (up $150 from 2012) Family […]
Tag Archives | HSA
The future of the popular HSA that pairs perfectly with a high deductible health plan is in question in once the PPACA takes full effect in 2014. Â Please see this article for more information
Tax season has begun and the IRS has released an official guide to helpful information on HSA accounts and other tax favored health plans. Â Hopefully this article will be helpful as you file you taxes this year.
Health Savings Accounts What are they? HSAs are tax-advantaged medical savings accounts available to taxpayers who are enrolled in an HSA-qualified high-deductible health plan. The funds contributed to the account are not subject to federal income tax at the time of deposit. Unused amounts in one year can be carried over to following years and […]