Hi,
I'm working for a NY company, and my wife is remotely working for a CA company, while living together in NY.
So far our health insurance was under my company's plan, but my wife recently got a HDHP choice, so we're considering if we both switch to the HDHP plan from her company and contribute to HSA account.
My questions :
(1) is HSA tax exemption eligible for the HDHP plan? I'm not sure because the plan is offer by CA company (where the tax exemption is NOT eligible) while we're living in NY.
(2) in that case, is it better to switch both of us to the HDHP plan in order to maximize HSA contribution amount? We don't expect much medical expense throughout this year.
I'd really appreciate your advice, comments or opinions.
