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Get your taxes done using TurboTax
Yes, with the caveat that each rollover must be from a IRA owned by the specific taxpayer into an HSA owned by the specific taxpayer, because both IRAs and HSAs are individually owned accounts. So spouse A could rollover up to $8200 from an IRA owned by spouse A into an HSA owned by spouse A. Then spouse B could contribute the $1000 catch-up into their HSA.
This assumes that both spouses are covered by a family HDHP for the entire year and are both age 55 or older. The limit is not $7100 or $8100, but is $7200 or $8200 for 2021, and will probably be increased slightly for 2022. The IRS usually announces the next year‘s contribution limits around September.
June 23, 2021
6:32 AM