I just found out that I can be penalized for contributing to my HSA after pulling my Social Security.
I started pulling my Social Security in July. My HSA contributions have gone in every month this year.
I have more funding than I need and less potential deductions.
I think one solution is for me to stop my Social Security draws, pay back what I received from them and put off drawing Social Security until sometime after I'm 65. Will I still need to withdraw the HSA contributions for those months or for the whole year? Do you know what the penalty will be?
Are there other ways to handle this problem?
