Healthy Directions

2008 Health Savings Account (HSA) Contribution Limits

Your total HSA contributions from all sources (employee, employer, and other third parties) cannot exceed the 2008 IRS limits. If you have a spouse and he/she is eligible for his/her own HSA, certain combined limits will apply.

The 2008 IRS limit is $2,900 for single coverage or $5,800 for family coverage.

2008 HSA Limits

If you are 55 years of age or older, you can make additional catch-up contributions, up to $900 in 2008. If you have a spouse who is 55 years of age or older, and he/she is eligible to open his/her own HSA, he/she can also make additional catch-up contributions, up to $900 in 2008.

You can change your HSA contribution through payroll deduction at any time during the year by calling Deere Direct at 1-888-432-3373. For all other transactions, including personal contributions, please contact Fidelity Investments at 1-800-354-3427.