HSA Contribution Limit:
Indvidual coverage: $3,400
Family coverage: $6,750
HDHP Minimum deductible:
$1,300 Individual coverage
$2,600 Family coverage
Out-of-Pocket Maximum Expense:
$6,550 Individual coverage
$13,100 Family coverage
Family coverage: $6,750
HDHP Minimum deductible:
$1,300 Individual coverage
$2,600 Family coverage
Out-of-Pocket Maximum Expense:
$6,550 Individual coverage
$13,100 Family coverage
If you are over 55 you can deposit an additional $1000 per year.
Remember as of 2011 over-the-counter drugs may only be reimbursed if they have a prescription.
If a policyholder uses an HSA to pay for items or services that aren't qualified medical expenses, the tax penalty is 20% of the HSA distribution.
Remember as of 2011 over-the-counter drugs may only be reimbursed if they have a prescription.
If a policyholder uses an HSA to pay for items or services that aren't qualified medical expenses, the tax penalty is 20% of the HSA distribution.
If you need to open an account and you aren't sure where to go, here are some of our recommendations.
