Thecombined annual contributionsfor both spouse’s HSAs cannot exceed the annual family maximum. Alternatively, one spouse could open an HSA, which would cover the spouse and any other dependents. Then, the family would be subject to the annual maximum contribution limit set for families. ...
HSA Contribution Limits Contribution limits also change annually and are set by the IRS. For 2022, the maximum an individual can contribute to an HSA is $3,650. If you’re on a family HDHP, you can contribute up to $7,300 tax-free. Even if that’s a big chunk of your income, it...
These numbers assume you sign up for the HSA at the start of the year. If not, the math is simple. Annual contribution amounts are prorated for people who join the plan after Jan. 1 of any year. If you sign up later in the year: Divide the annual contribution limit by 12 Multiply...
2 month grace period for you to spend the money in the following year. It is also possible to roll over funds from an FSA to a Health Savings Account, tax-free. Rollover contributions to HSAs have no dollar amount limit, but you may only make one rollover contribution per 1-year ...