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Thanks for the answer.
Next year, both my wife and are are covered in the high deductible health insurance plan (from my work). So, we can make contribution up to $8550 to my account or split it into two amounts (totaling to $8550) and put them separately into my own HSA account and her own HSA account. Am I understanding this correctly?
Now, it comes to the catch up contribution. Both of us are above 55. So, I can contribute up to $9550 in my HSA due to my $1000 catch up. But her catch up contribution cannot be put in my own account. Instead, the $1000 catch up for her will need to be put in her own HSA account. Am I correct about this?
‎November 7, 2024
7:27 AM