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HSA and FSA Contributions
I am employed and enrolled in a High Deductible Insurance Plan through my employer with my dependent wife. I turned 65 in May of 2024 and enrolled in Medicare Part A. My employer HDP is my primary insurance and Medicare is my secondary insurance.
It is my understanding that I am eligible to contribute for 4 months, or $3,100 to the HSA in 2024
($9,300/12x4). My employer also offers an FSA for 2025.
I am also understanding that I am eligible to contribute to the FSA, since I no longer contribute to the HSA. Can you please confirm that my assumptions are correct?
‎November 13, 2024
4:16 AM