What is the maximum contribution limit for an individual to an MSA?

The maximum contribution limit for an individual to a Medical Savings Account (MSA) is indeed tied to the high-deductible health plan under which the account is established. Specifically, for an individual, the limit is generally set as a percentage of the individual deductible amount. When answering the question, referencing the high-deductible plan is crucial because MSAs are designed to work in conjunction with these types of plans.

Under current regulations, individuals can contribute to their MSA up to 65% of the deductible for a high-deductible health plan. This percentage ensures that contributions are proportional to the higher out-of-pocket costs associated with such plans, encouraging saving for medical expenses. This mechanism allows individuals to effectively manage their healthcare costs while also benefiting from potential tax advantages associated with MSAs.

In contrast, the other options provided do not accurately reflect the established contribution limits for MSAs. The contributions are specifically not based on percentages like 50% of the premium or fixed amounts like 75% of the family deductible, which do not align with the regulatory framework governing MSAs. Therefore, understanding the relationship between the high-deductible plan and the defined contribution limits is essential in determining the correct answer.