Health Savings Account (HSA) Limits for 2007

The release of the August 2006 inflation figures has allowed calculation of the 2007 financial limits for health savings accounts (HSAs), according to a press release from HSA Clearing Corporation.

§      The maximum HSA contribution (excluding catch-up contributions) will be $2,850 for individual coverage and $5,650 for family coverage.

§      The minimum deductible for HSA-qualified high deductible health plans (HDHPs) will be $1,100 for individual coverage and $2,200 for family coverage policies.

§      The out- of-pocket maximums will be $5,500 for individual coverage and $11,000 for family coverage policies.

More information is available at http://www.hsaclearing.com.

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