2012 HSA and High Deductible Health Plan Limits

June 23, 2011

The U.S. Department of the Treasury released the 2012 limits for health savings accounts (HSAs) and for high-deductible health plans (HDHPs) to which HSAs must be linked. The amounts are being raised for 2012, whereas the 2011 rates were unchanged from 2010.

In Revenue Procedure 2011-32, released on May 16, 2011, the IRS provides the inflation-adjusted HSA contribution and HDHP minimum deductible and out-of-pocket limits for 2012. The higher rates reflect the cost-of-living adjustment and rounding rules of Internal Revenue Code section 223. The 2012 amounts are shown below.

2012 Limits for Health Savings Accounts and High-Deductible Health Plans

For 2012

For 2011

Change

HSA statutory contribution amount Individual: $3,100
Family: $6,250
Individual: $3,050
Family: $6,150
Individual: +$50
Family: +100
HSA catch-up contributions (age 55 or older) $1,000 $1,000 No change*
HDHP minimum deductible amounts Individual: $1,200
Family: $2,400
Individual: $1,200
Family: $2,400
No change
HDHP maximum out-of-pocket amounts (deductibles, co-payments and other amounts, but not premiums) Individual: $6,050
Family: $12,100
Individual: $5,950
Family: $11,900
Individual: +$100
Family: +$200

*Unlike the other limits, the HSA catch-up contribution amount is not indexed; any increase would require statutory change.