{"id":5914,"date":"2011-05-17T11:32:46","date_gmt":"2011-05-17T15:32:46","guid":{"rendered":"https:\/\/old.visionpayroll.com\/kb\/?p=5914"},"modified":"2011-10-20T11:48:50","modified_gmt":"2011-10-20T15:48:50","slug":"irs-releases-2012-inflation-adjustments-for-health-savings-accounts","status":"publish","type":"post","link":"https:\/\/old.visionpayroll.com\/kb\/2011\/05\/irs-releases-2012-inflation-adjustments-for-health-savings-accounts\/","title":{"rendered":"IRS Releases 2012 Inflation Adjustments for Health Savings Accounts"},"content":{"rendered":"<div class=\"img alignright size-medium wp-image-6355\" style=\"width:300px;\">\r\n\t<a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2011\/10\/20110517.jpg\"><img src=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2011\/10\/20110517-300x203.jpg\" alt=\"IRS Releases 2012 Inflation Adjustments for Health Savings Accounts\" width=\"300\" height=\"203\" \/><\/a>\r\n\t<div>IRS Releases 2012 Inflation Adjustments for Health Savings Accounts<\/div>\r\n<\/div>The <a href=\"http:\/\/www.irs.gov\/\" target=\"_blank\">Internal Revenue Service<\/a> recently released <a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2011\/08\/rp-11-32.pdf\" target=\"_blank\">Rev. Proc. 2011-32<\/a> which contained the 2012 inflation adjusted amounts for Health Savings Accounts or HSAs.<\/p>\n<p><strong>Deductions Limitation Set to Increase<\/strong><\/p>\n<p>The annual limitation on deductions will increase from $3,050 in 2011 to $3,100 in 2012 for those with self-only coverage. Those with family coverage will have the deduction limitation increase from $6,150 to $6,250.<\/p>\n<p><strong>High-Deductible Health Plan Minimum Deductibles Unchanged<\/strong><\/p>\n<p>The minimum deductibles of a high deductible health plan will see no change; they will remain at a minimum deductible of $1,200 in 2012 for self-only coverage and $2,400 for family coverage.<\/p>\n<p><strong>Annual Out-of-Pocket Limitation to Increase<\/strong><\/p>\n<p>The annual out-of-pocket limitation for 2012 will also increase from $5,950 in 2011 to $6,050 for those with self-only coverage; the out-of-pocket limitation for family coverage will increase from $11,900 to $12,100.<\/p>\n<p><strong>Contact Vision Payroll Today<\/strong><\/p>\n<p>Contact <a href=\"mailto:info@visionpayroll.com\" target=\"_blank\">Vision Payroll<\/a> if you have any questions on the updated 2012 inflation adjusted amounts for HSAs in <a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2011\/08\/rp-11-32.pdf\" target=\"_blank\">Rev. Proc. 2011-32<\/a> or visit our <a href=\"https:\/\/old.visionpayroll.com\/kb\/important-facts-and-figures\/\" target=\"_blank\"><span style=\"color: #800080;\">Important Facts and Figures<\/span><\/a> page for further information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IRS Releases 2012 Inflation Adjustments for Health Savings Accounts The Internal Revenue Service recently released Rev. Proc. 2011-32 which contained the 2012 inflation adjusted amounts for Health Savings Accounts or HSAs. Deductions Limitation Set to Increase The annual limitation on deductions will increase from $3,050 in 2011 to $3,100 in 2012 for those with self-only [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[1629,1199,66,65,321,70,75],"_links":{"self":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/5914"}],"collection":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/comments?post=5914"}],"version-history":[{"count":3,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/5914\/revisions"}],"predecessor-version":[{"id":7268,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/5914\/revisions\/7268"}],"wp:attachment":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/media?parent=5914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/categories?post=5914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/tags?post=5914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}