I am HSA eligible with an HDHP family plan that covers me & my wife. That is our only insurance. We are both over 55. Same story for last year (2019) when we had opened a self-funded HSA with $4500 for each of us with Fidelity. My interpretation was 2019's $7,000 max contribution allowed opening one for each of us funded with $3500 ($7000 total), and that we could each add $1000 catchup funding making it $4500 each ($9000 total).
TurboTax allowed this, & is still allowing the same for 2020: now it's $4550 for each of us ($9100 total).
Honestly I'm just spooked about maybe overfunding 2019 before executing final funding for 2020. Would greatly appreciate one or more people here confirming that it all complies with IRS regs. THANKS!
