Hi,
Prior to this year, DW and I were on our own employer healthcare plans, each of which were HDHP. We each have our own HSA accounts, and until now, we each made our own HSA contributions up to the single person IRS max allowed per year.
For 2025, it's looking like I will drop my employer insurance and jump on DW's. My understanding is this means DW would now be able to contribute up to the family max ($8550) to her HSA in 2025. At the same time, I would no longer be able to contribute to mine.
Question: Assuming I join DW's HDHP employer insurance plan, could we elect to contribute up to the IRS single person max ($4300/ea) into our respective HSAs or does DW choosing a 2+/Family HDHP plan mean our only option is for her to contribute the $8550 into her HSA?
Prior to this year, DW and I were on our own employer healthcare plans, each of which were HDHP. We each have our own HSA accounts, and until now, we each made our own HSA contributions up to the single person IRS max allowed per year.
For 2025, it's looking like I will drop my employer insurance and jump on DW's. My understanding is this means DW would now be able to contribute up to the family max ($8550) to her HSA in 2025. At the same time, I would no longer be able to contribute to mine.
Question: Assuming I join DW's HDHP employer insurance plan, could we elect to contribute up to the IRS single person max ($4300/ea) into our respective HSAs or does DW choosing a 2+/Family HDHP plan mean our only option is for her to contribute the $8550 into her HSA?
Statistics: Posted by investor997 — Sat Oct 05, 2024 7:54 pm — Replies 2 — Views 102