| Deductible Annual Caps to HSA's rise in 2009!
The IRS announced that the new maximum annual caps and caps on out of pocket costs to HSA's.
1. For Family
For those with family coverage, the new maximum annual caps to HSA's will increase to $5,950.
2. For Singles
For those with Single coverage, the new maximum annual caps to HSA's will increase to $3,000.
3. For Account Owners born prior to 1955
For account owners born prior to 1955, will be entitled to put an additional $1,000.
4. Maximum Out of Pocket Costs
The cap on out of pocket costs will rise to $11,600 for family coverage and $5,800 for single coverage.
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