How much can I contribute into my HSA?

Maximum yearly contributions (and associated tax deduction) are determined as follows:

In 2009, for individuals it is $3000, and for families it is $5950. In 2010, for individuals it is $3050, and for families it is $6150.

You do not have to contribute the maximum each year, although some HSAs require a small minimum monthly contribution.

Note: If you are between the ages of 55 and 65, you can make an additional annual "catch up" contribution (of up to $1,000 in 2009.)