We are early-retired, both aged >55. I have had an HSA account with Fidelity from past years when we had a HDHP through my employer. This year on Jan 1, we started a new HDHP available through my wife's COBRA. My understanding is for a couple >55, we can contribute up to $10,300 ($8300 plus $1000/each for being over 55) to an HSA in 2024. So far this year, I've deposited $5150 into my Fidelity HSA towards this year. But now I've been confused by some things I've read online. Because the HDHP insurance comes through my wife's employer's COBRA, does that mean the HSA for this year's contributions should be a new account, in her name? And then should I contribute all $10300 to her HSA? (and somehow reverse my earlier $5150 contribution to my Fidelity HSA)? Or can I just split contributions 50/50 ($5150-my old Fidelity account/$5150--her new account)? I should have researched the HSA rules better in advance, but here we are...
Thanks in advance.
Thanks in advance.
Statistics: Posted by MikeR289 — Tue Jul 16, 2024 7:33 pm — Replies 3 — Views 420