Medicare and HSA Contribution - I turned 65 in July 2020, my wife turned 65 in Sept. 2020. I have an HSA account that I contributed to the maximum for a family for 2020, with my last contribution in Nov. 2020. I will lose my job working for a large bank and their HDHP coverage in December 2020, so I will apply for Medicare A and B now, and ask for a January or February 2021 effective date. When I receive Medicare effective in 2021, will the IRS look back at my 2020 HSA contributions and penalize me because I did not stop making contributions 6 months earlier? I have always used Turbo Tax Premier Download and will continue doing that for 2020 and 2021 tax returns.
