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HSA Accidental Contribution - How does it impact limits?
I made a contribution to of $3,300 in January 2025 to my HSA (limit: $4,300) for tax year 2025 (after-tax NOT through employer deductions), but then realized it would result in an overcontribution due to the amount my employer contributes overtime, so I decided to take it out using an "Excess Contribution Form" through my brokerage and have already received the funds + any earnings deposited back into my bank account (this was also done later in January 2025).
Would my contribution limit reset by $3,300? Or would it still be considered that I've contributed $3,300 already and only have $1,000 of room left?
March 5, 2025
10:53 AM