HSA Maximums Increase For Next Year

The IRS annual contribution limit for health savings accounts will increase in 2013 to $3,250 for eligible individuals with individual coverage and to $6,450 for those with family coverage. The catch-up contribution for those 55 and older remains at $1,000. The minimum deductible amount for individual coverage will increase to $1,250 and to $2,500 for family coverage. The maximum out-of-pocket will increase to $6,250 for individuals and to $12,500 for families.