
IRS releases 2013 HSA limits
May 14, 2012
The Internal Revenue Service (IRS) has released the HSA limits for the calendar year 2013. Revenue Procedure 2012-26 details the maximum contribution and the deductible and out-of-pocket limits.
A copy of the IRS notice can be found at http://www.irs.gov/pub/irs-drop/rp-12-26.pdf.
2013 contribution limit:
- Self-only High Deductible Health Plan (HDHP) coverage: $3,250 (up from $3,100 in 2012)
- Family HDHP coverage: $6,450 (up from $6,250 in 2012)
- Catch-up contributions for HSA-eligible individuals who are age 55 or older: $1,000 (unchanged)
2013 qualified deductible:
- Self-only: Not less than $1,250 (up from $1,200 in 2012)
- Family: Not less than $2,500 (up from $2,400 in 2012)
2013 out-of-pocket maximum limit:
- Self-only: Not more than $6,250 (up from $6,050 in 2012)
- Family: Not more than $12,500 (up from $12,100 in 2012)
The views and opinions expressed within are those of the author(s) and do not necessarily reflect the official policy or position of Parker, Smith & Feek. While every effort has been taken in compiling this information to ensure that its contents are totally accurate, neither the publisher nor the author can accept liability for any inaccuracies or changed circumstances of any information herein or for the consequences of any reliance placed upon it.
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