Financial Center Blog

In 2010 and 2011, the Health Savings Account contribution limits have remained steady. Previously, the individual contribution limit was set at $3,050 and the family contribution was for $6,150.

In 2012, these limits have changed. The annual limit on deductions for individuals is $3,100. For families, the limit is $6,250.

Individuals age 55 and older are still able to make an annual "catch-up" contribution of $1,000.