The IRS recently announced that the contribution limits for Health Savings Accounts (HSAs) will not be changing for next year.  The IRS puts limits on four categories pertaining to HSAs:

1. The amount of money someone can contribute to their HSA in a calendar year
2. The catch-up amount for those age 55 and over (note this is a different age limit than 401k plans, which is age 50 and over)
3. The minimum medical insurance plan deductible in order to qualify for an HSA
4. The maximum out-of-pocket limit of the medical insurance plan

Here are the 2010- 2011 HSA Contribution Limits:

Single Contribution Limit to HSA        $3,050.00

Family Contribution Limit to HSA        $6,150.00

Catchup for age 55+                        $1,000.00

Minimum Single HDHP Deductible         $1,200.00

Minimum Family HDHP Deductible        $2,400.00

Maximum Single HDHP OOP Limit        $5,950.00

Maximum Family HDHP OOP Limit         $11,900.00

[RELATED ARTICLE: HSA vs FSA: What’s the Difference?]