BB&T - 2014 Health Savings Accounts Maximum Annual Contribution Worksheet
Use this worksheet to determine your maximum allowable annual contribution. The worksheet is meant as a reference tool only. BB&T is not liable for excess contributions as a result of the calculations below.
The maximum allowable contribution to a Health Savings Account (HSA) is set by Federal law. For single coverage in 2014, the annual contribution limit is $3,300. For family coverage, the annual contribution limit is $6,550.
Answer the questions below to determine your maximum allowable annual contribution. Please remember that to qualify for an HSA you must be enrolled in a High Deductible Health Plan (HDHP). An HDHP has a deductible of at least $1,250 for single coverage, or at least $2,500 for family coverage.