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Level 1
March 22, 2021
Solved

HSA Contribution

  • March 22, 2021
  • 3 replies
  • 31 views

I self contribute to my HSA (retired) and got Medicare at 65 in August.  I found I could contribute another $1,400 to the HSA.  I met all other high deductable insurance requirements for HSA eligibility in 2020.  Can I contribute the additional $1.4K in 2021 for my 2020 taxes, similar to the ability that is given for IRA's?   Thanks.

    Best answer by PattiF

    No, you can not contribute to you HSA once you have Medicare.

     

    This is from the IRS:

     

    3 replies

    PattiFAnswer
    Level 15
    March 22, 2021

    No, you can not contribute to you HSA once you have Medicare.

     

    This is from the IRS:

     

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    Level 2
    May 17, 2021

    I didnt get Medicare am confused 

    Level 15
    May 18, 2021

    @Jpanchot63

     

    What are you confused about?

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