Health Savings Accounts (HSA)

2006 legislation regarding Health Savings Accounts (HSA) increases the 2008 contribution as follows:

(1) single coverage: maximum contribution $2,850, minimum deductible $1,100, maximum out-of-pocket $5,500. Catch-up contribution $800.

(2) family coverage: maximum contribution $5,800, minimum deductible $2,200, maximum out of pocket $11,200. Catch-up contribution $900.