The Internal Revenue Service has announced the 2012 contribution limits for health savings accounts (HSAs) and cost-sharing amounts for HSA-eligible, high-deductible health plans (HDHPs).

• Annual HSA contribution limits will be $3,100 for individual and $6,250 for family coverage. That is increased slightly from $3,050 for individual and $6,150 for family coverage in 2011.
• Maximum out-of-pocket expenses (deductibles, co-payments and co-insurance) for HSA-eligible health plans will be $6,050 for individual and $12,100 for family coverage. Those are also slight increases from the 2011 out-of-pocket maximums of $5,950 and $11,900 in 2011.
• A health plan must have deductibles of at least $1,200 for individual and $2,400 for family coverage in order to make participants eligible to open HSAs. Those are unchanged from 2011.

Source & More Information: http://www.hsabank.com/hsabank/Education/Limits.aspx.