IRS announces HSA limits

Some months ago, the IRS published the 2010 contribution limits for health savings accounts (HSAs). For individual coverage, the limit is $3,050; for family coverage, the limit is $6,150. Individuals who are 55 or older may contribute an additional $1,000. Recently, the IRS announced that contribution limits for 2011 will remain the same as the 2010 limits.

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