{"id":925,"date":"2009-05-15T06:35:00","date_gmt":"2009-05-15T10:35:00","guid":{"rendered":"https:\/\/old.visionpayroll.com\/kb\/?p=925"},"modified":"2009-05-15T06:35:19","modified_gmt":"2009-05-15T10:35:19","slug":"question-of-the-week-what-are-the-2010-health-savings-account-inflation-adjustments","status":"publish","type":"post","link":"https:\/\/old.visionpayroll.com\/kb\/2009\/05\/question-of-the-week-what-are-the-2010-health-savings-account-inflation-adjustments\/","title":{"rendered":"Question of the Week: What Are the 2010 Health Savings Account Inflation Adjustments?"},"content":{"rendered":"

This week\u2019s question comes from Joel, an HR director. We just implemented a Health Savings Account plan at our company. We know the amounts employees can contribute for 2009. What are the 2010 Health Savings Account inflation adjustments? Answer: the Internal Revenue Service<\/a> recently released Rev. Proc. 2009-29<\/a> which contained the 2010 inflation adjusted amounts for Health Savings Accounts or HSAs.<\/span><\/p>\n

The annual limitation on deductions will increase from $3,000 in 2009 to $3,050 in 2010 for those with self-only coverage. Those with family coverage will have the deduction limitation increase from $5,950 to $6,150.<\/span><\/p>\n

The definition of a high deductible health plan will change from one with a minimum deductible of $1,150 in 2009 to $1,200 in 2010 for self-only coverage and from $2,300\u00a0to $2,400\u00a0for family coverage.<\/span><\/p>\n

The annual out-of-pocket limitation for 2010 will also increase from $5,800 in 2009 to $5,950 for those with self-only coverage; the out-of-pocket limitation for family coverage will increase from $11,600 to $11,900.<\/span><\/p>\n

Contact Vision Payroll<\/a> if you have any questions on Rev. Proc. 2009-29<\/a> and the changes to HSAs for 2010.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

This week\u2019s question comes from Joel, an HR director. We just implemented a Health Savings Account plan at our company. We know the amounts employees can contribute for 2009. What are the 2010 Health Savings Account inflation adjustments? Answer: the Internal Revenue Service recently released Rev. Proc. 2009-29 which contained the 2010 inflation adjusted amounts […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[895,435,66,65,321,14,44,70,75],"_links":{"self":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/925"}],"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=925"}],"version-history":[{"count":8,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/925\/revisions"}],"predecessor-version":[{"id":3174,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/925\/revisions\/3174"}],"wp:attachment":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/media?parent=925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/categories?post=925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/tags?post=925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}