1.422 -Health Savings Accounts

Item	Description	FY2009	FY2010	FY2011
1.422	Health Savings Accounts Massachusetts adopts the federal deduction allowed to individuals for contributions to a Health Savings Account, subject to federal limitations, which are adjusted annually for inflation. For calendar year 2009, the maximum deduction limit is $3,000 for an individual plan and $5,950 for a family plan. The maximum additional deduction for individuals age 55 or older is $1,000. Origin: IRC secs. 62(a)(19) and 223 Estimate: $9.6	5.6	5.7	9.6

Key:

ORIGIN
IRC	Federal Internal Revenue Code (26 U.S.C.)
U.S.C	United States Code
M.G.L.	Massachusetts General Laws
Rev. Rul.; C.B.	Revenue Ruling; Cumulative Bulletin of the U.S. Treasury
ESTIMATES	All estimates are in $ millions.