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Retirement tax questions
You have to be covered by an HDHP in order to make a rollover from your IRA to your HSA. And you then have to stay covered by an HDHP for at least 12 more months after the transfer. If not, the money you transferred will be included in your taxable income, and you'll also owe a 10% penalty on the money you withdrew from your IRA.
March 3, 2025
1:23 PM