@fivesixteen wrote:
I have a Family HDHP with a Family HSA. Can I still contribute for Tax Year 2019 the maximum amount up until April 15 2020?
What is the Maximum amount for Family HSA with 2 adults at ages 57 & 58?
First, remember an HSA only has one owner. It is not a joint account, it is not "ours", it is not your spouse's. It is yours only. Your contributions limits are controlled by whether you have individual or family insurance but the account belongs to you only.
If you have a family HDHP, and your spouse does not have any other conflicting insurance coverage, then your spouse is treated for tax purposes as if they also had an HDHP, and may make HSA contributions to an account in their own name, even if the insurance policy is in your name.
The family maximum for 2019 is $7,000 plus a $1,000 catch-up provision for each spouse age 55 or older. The catch-up provision can only be contributed to an account in the person's own name. That means you can contribute a maximum of $8,000 to your account and your spouse could contribute $1,000; but only to an account in their name, not your account. You can split the $7,000 base contribution any way you like, so long as your combined contributions do not exceed $7,000. The catch-up portion must go to each spouse's individual account.
