The IRS has released the calendar year 2009 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 2009 annual limitation on tax deductions is $3000 for self-only coverage and $5,950 for family coverage.

Minimum Deductible:
The 2009 minimum annual deductible under a high deductible health insurance plan (HDHP) is $1,150 for self-only coverage or $2,300 for family coverage.

Out-of-Pocket expenses:
The 2009 annual out-of-pocket expenses (deductibles, co-payments, and other amounts) for a high deductible health insurance plan (HDHP) cannot exceed $5,800 for self-only coverage or $11,600 for family coverage.

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