* Required field. It is important to note that you have until April 15, 2010 to add your contribution for the previous year. If you
are between the ages of 55 - 65, then you are also eligible to make a catch-up contribution of $1000 (2009).
For tax year 2010 a high deductible health plan (HDHP) is defined as a plan having an annual deductible amount of at least $1,200 for
Self-Only coverage, and at least $2,400 for Family Coverage; and having a maximum annual out-of-pocket expense of $5,950 for Self-Only
coverage, and $11,900 for Family coverage. For an eligible individual that is covered by the same HDHP for the entire calendar year,
the maximum contribution is the deductible amount (excluding out-of-network deductible) not to exceed $3,050 for those with single coverage,
or $6,150 for those with family coverage. Eligible individuals age 55 or older may make additional "catch-up" contributions of up to $1000 in 2010.
PLEASE NOTE: The accuracy of this calculator and its applicability to your circumstances is not guaranteed. You should obtain personal
advice from qualified professionals. Farm Bureau Bank is providing this calculator "as is" without any warranty of any kind, either
expressed or implied, including without limitation the implied warranties of merchantability and fitness for a particular purpose. Any
risk arising out of use or performance of this calculator remains entirely with the user. By using this calculator, you agree that under
no circumstances will Farm Bureau Bank be liable for any damages whatsoever arising out of the use or performance of this calculator. For
a full description of HSAs please refer to Release JS-1061.
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