Contributions

• Contributions must be made in cash, they may not be made in the form of property or stock.
• For single policies, the maximum annual contribution is the lesser of the plan's deductible or $3,000
• For family policies, the maximum annual contribution is the lesser of the plan's deductible or $5,950
• Individuals age 55-65 may make additional "catch-up" contributions of $1,000 annually in 2009 and thereafter.
• Contributions may be made by individuals, family members and employers.
• Contributions that are made by individuals and family members are tax deductible. The employer contributions are made on a pre-tax basis and are not taxable to the employee.
• Employers may offer HSAs through a cafeteria plan.
• Investment earnings accrue tax free.