2011 Guidelines Announced
The Internal Revenue Service has issued guidance that for 2010 and 2011, annual HSA contributions are tax deductible up to:

• $3,050 for single coverage
• $6,150 for family coverage

An HSA Works with An HSA-Eligible Health Plan
For 2010 and 2011, IRS guidance for an HSA-eligible health plan is as follows:

• Minimum annual deductible: $1,200 for single coverage.  $2,400 for family coverage
• Out-of-pocket maximum: No more than $5,950 for individual coverage, no more than $11,900 for family coverage

Note: For contribution limits, out-of-pocket expenses and deductibles, the IRS guidance did not change from 2010 to 2011.

For detailed information on eligible and ineligible expenses, download the PDF document.

   Eligible/Ineligible Expenses