The IRS has just issued

Revenue Procedure 2012-26, which provides the 2013 cost-of-living contribution and coverage adjustments for H.S.A’s, as required under Code Section 223(g). Most contribution limits and the out-of-pocket amounts have been increased for 2013.

 

H.S.A Contribution Amounts (Health Savings Accounts)

2007 2008 2009 2010/2011 2012       2013 Coverage Levels
$2,850 $2,900 $3,000 $3,050 $3,100       $3,250 Individual

$5,650 $5,800 $5,950 $6,150 $6,250       $6,450 Family

$ 800 $ 900 $1,000 $1,000       $1,000 $1,000 Catch-up

Max. Out-Of-Pocket Amounts for H.D.H.P (High Deductible Health Plans)

$5,500 $5,600 $5,800 $5,950 $6,050       $6,250 Individual

$11,000 $11,200 $11,600 $11,900       $12,100 $12,500 Family

Min. Deductible Amounts for H.D.H.P. (High Deductible Health Plans)

$1,100 $1,100 $1,150       $1,200 $1,200 $1,250 Individual

$2,200 $2,200 $2,300       $2,400 $2,400 $2,500 Family



For a copy of Revenue Procedure 2012-26, please click on the link below:

http://www.irs.gov/pub/irs-drop/rp-12-26.pdf

We at Winthrop & Gray welcome your comments and questions.