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Author Archives: James W. Rahmlow

Keeping Your Balance: Health Savings Accounts inflation adjusted for 2012

In recognition of the increase in the cost-of-living adjustment, the IRS has announced the inflation adjusted amounts that will control Health Savings Accounts (HSAs) next year (Rev. Proc. 2011-32). For 2012, the annual contribution limit for an individual with self-only coverage under a high-deductible health plan (HDHP) will be increased from the 2011 amount of $3,050 to the 2012 limit of $3,100. For that same individual with family coverage under an HDHP limit will be increased to $6,250 from the 2011 calendar limit of $6,150.

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