Contributed by Jon Grossman & Jo-Anne Mineweaser
jgrossman@tuckerlaw.com / jmineweaser@tuckerlaw.com
The Internal Revenue Service (IRS) announced the 2011 inflation adjusted amounts for health savings accounts (HSAs) in Revenue Procedure 2010-22.
Annual contribution limits for calendar year 2011 are unchanged from 2010 amounts:
- Deductions for an individual with self-only coverage under a high deductible health plan: