The IRS has issued the 2005 limits for Health Savings Account (HSA) contributions (Rev. Proc. 2004-71). HSAs are IRA-like savings vehicles that are available to taxpayers with high-deductible health insurance plans. The 2005 contribution limits are:
Single coverage: $2,650 (or the annual deductible, if less). The 2004 limit was $2,600.
Family coverage: $5,250 (or the annual deductible, if less). The 2004 limit was $5,150.
The minimum deductibles for HSAs remain at $1,000 for single coverage and $2,000 for family coverage
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