- The maximum contributions for an individual account in 2009 is; $3000
- and for a 2 party or more account referred to as a family account in 2009 is; $5950.
HSA's are Health Savings Accounts that can be opened at a bank when you have a Qualified Health Insurance Plan in place. These plans are referred to as HDHP (High Deductible Health Plans)and in order to qualify they must meet the following minimum and maximum deductible in Tax Year 2009:
- for a individual plan the deductible is a minimum of $1150 with a maximum deductible of $5800.
- for a family plan the deductible is a minimum of $2300 with a maximum deductible of $11,600.
These figures reflect TAX YEAR 2009.