HSA Contribution Limitations

You can use your Health Savings Account for a variety of medical expenses. Contributions can be made by you, your employee or both. However, total contributions are limited annually. The limits are described below:

2012 Employee-Only Coverage
Your health plan must have a deductible of at least $1,200. Annual contributions to an individual HSA cannot exceed $3,100.

2012 Family Coverage
Your health plan must have a deductible of at least $2,400. Annual contributions to a family HSA cannot exceed $6,250.

2011 Contributions
If your qualifying health plan was active during 2011, contributions for 2011 may be made through 4/17/12.

2012 Contributions
Contributions for the 2012 tax year may be made from 1/1/12 - 4/15/13.

2012 Direct Rollovers
Eligible individuals can now use a one-time direct rollover from an IRA to an HSA to make contributions that could otherwise be made for the year.

If you have any questions, please contact one of our Member Service Representatives for more information.