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pmeyerk1
New Member

Eligible to contribute to HSA for 7 or 6 months if covered by HDHP January 1st to July 31st,2021 and non-HDHP from July 8th - December 31st,2021 ?

 
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1 Reply
RaifH
Expert Alumni

Eligible to contribute to HSA for 7 or 6 months if covered by HDHP January 1st to July 31st,2021 and non-HDHP from July 8th - December 31st,2021 ?

Seven months unless your new coverage is provided by Medicare. In that case, it would be six months. You are eligible to contribute for each month you were covered by an HSA on the first of the month as long as you did not have Medicare for that month. 

 

Just to add on, because I saw your other post regarding the TurboTax instructions. I also saw this and double-checked the Internal Revenue Code.

 

The only exception listed to the first of the month rule was for Medicare-eligible individuals.

 

[Edited 03/25/22 | 10:48 AM PST] @pmeyerk1 

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