The IRS has released the calendar year 2010 inflation adjusted amounts for health savings accounts. If you are covered under a high deductible health insurance plan (HDHP), as defined by § 223(b)(2)(A), please take note of the limits below.

Annual Contribution Limits:
The 2010 annual limitation on tax deductions is $3050 for self-only coverage and $6,150 for family coverage.

Minimum Deductible:
The 2010 minimum annual deductible under a high deductible health insurance plan (HDHP) is $1,200 for self-only coverage or $2,400 for family coverage.

Out-of-Pocket expenses:
The 2010 annual out-of-pocket expenses (deductibles, co-payments, and other amounts) for a high deductible health insurance plan (HDHP) cannot exceed $5,950 for self-only coverage or $11,900 for family coverage.

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