topic HSA Contribution in Deductions & credits

HSA Contribution

BillPa — Mon, 22 Mar 2021 20:38:23 GMT

I self contribute to my HSA (retired) and got Medicare at 65 in August. I found I could contribute another $1,400 to the HSA. I met all other high deductable insurance requirements for HSA eligibility in 2020. Can I contribute the additional $1.4K in 2021 for my 2020 taxes, similar to the ability that is given for IRA's? Thanks.

Re: HSA Contribution

PattiF — Mon, 22 Mar 2021 21:15:32 GMT

No, you can not contribute to you HSA once you have Medicare.

This is from the IRS:

Re: HSA Contribution

Jpanchot63 — Mon, 17 May 2021 17:54:11 GMT

I didnt get Medicare am confused

Re: HSA Contribution

BillM223 — Tue, 18 May 2021 01:55:08 GMT

@Jpanchot63

What are you confused about?