The IRS has released the 2012 contribution limits to Health Savings Accounts.  The limits for 2012 will be:  $3,100 for single plans and $6,250 for family plans.  The limits in 2011 were $3,050 and $6,150.

To qualify for an HSA, you must have a “high-deductible” health plan.  For 2012, a high-deductible plan is one with at least a $1,200 deductible for single coverage, and $2,400 for family coverage, which is the same as last year.  The other requirement on HSAs is that there are limits on the maximum out-of-pocket expenses the plan can have.  For 2012, the limit is $6,050 for single coverage and $12,100 for family coverage (up from $5,950 and $11,900 in 2011).

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