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Level 2
posted Mar 18, 2023 8:51:37 AM

Does the contribution my health insurance company make into a HSA account count towards the yearly limit? I also contribute into another HSA account through paycheck.

My insurance company is GEHA, it's a High Deductible plan.  They make deposits into a bank (I can't change it) each paycheck for the year I have coverage.  I opened an HSA account at another institution and chose to deposit it there through my paycheck (so I can invest it).  I wonder if the Health Insurance contribution counts towards the limit.  I can't find an answer anywhere.

0 2 593
2 Replies
Level 15
Mar 18, 2023 9:53:35 AM

All of these deposits into HSAs that you own count toward the annual limit.

Level 2
Mar 18, 2023 10:49:20 AM

I had a feeling that's how it was, thanks for verifying!