1.422 -Health Savings Accounts

Item	Description	FY2011	FY2012	FY2013	FY2014	FY2015
1.422	Health Savings Accounts Massachusetts adopted 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 2013, the maximum deduction limit is $3,250 for an individual plan and $6,450 for a family plan. Filers age 55 or older may increase the maximum deduction by $1,000. Origin: IRC S. 62(a)(19) and 223 Estimate: $13.3	7.3	9.1	10.7	12.3	13.3

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.