We had to take the money out of the HSA account in 2024 because my husband retired end of July 2024 and there is the requirement to stop contributing 6 months before retirement because of beginning Medicare.
We didn't know about that requirement till April 2024 after the company made it's contribution along with pretax payroll deductions which ended up being an excess for the year for only working for 7 months of the year.
I did look at 2023 taxes and there's no excess contribution there because the problem was in 2024. Hope this makes sense. Do we need to pay the taxes on the distribution he took this year along with the earnings? Thank you
