2014 Health Savings Account Limits

The IRS has released the 2014 contribution limits for Health Savings Accounts.  For an individual with self only coverage the limit will be $3,300 and for family coverage the limit increases to $6,550.  To qualify you must have a high deductible health plan.  High deductible is defined as a deductible that is not less than $1,250 for self only coverage or $2,500 for family coverage.