SECTION 1. PURPOSE
This revenue procedure provides the 2010 inflation adjusted amounts for Health
Savings Accounts (HSAs) as determined under § 223 of the Internal Revenue Code.
SECTION 2. 2010 INFLATION ADJUSTED ITEMS
Annual contribution limitation. For calendar year 2010, the annual limitation on
deductions under § 223(b)(2)(A) for an individual with self-only coverage under a high
deductible health plan is $3,050. For calendar year 2010, the annual limitation on
deductions under § 223(b)(2)(B) for an individual with family coverage under a high
deductible health plan is $6,150.
High deductible health plan. For calendar year 2010, a “high deductible health
plan” is defined under § 223(c)(2)(A) as a health plan with an annual deductible that is
2 not less than $1,200 for self-only coverage or $2,400 for family coverage, and the
annual out-of-pocket expenses (deductibles, co-payments, and other amounts, but not premiums) do not exceed $5,950 for self-only coverage or $11,900 for family coverage.
SECTION 3. EFFECTIVE DATE
This revenue procedure is effective for calendar year 2010.
SECTION 4. DRAFTING INFORMATION
The principal author of this revenue procedure is Christina M. Glendening of the
Office of Associate Chief Counsel (Income Tax & Accounting). For further information
regarding § 223 and HSAs, contact Leslie Paul at (202) 622-6080 (not a toll free call).
For further information regarding the calculation of the inflation adjustments in this
revenue procedure, contact Ms. Glendening at (202) 622-4920 (not a toll free call