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Level 3
posted Nov 5, 2020 11:18:25 AM

HSA Transfer - Contribution limit question

If I contributed $1900 to an HSA via my old employer early in 2020, then transferred the entire old HSA ($3400) to my new employer's HSA, a brand new company, later in 2020, is my contribution to my new HSA for 2020 limited to $1650 ($3550-$1900)?

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1 Best answer
Level 15
Nov 5, 2020 11:24:57 AM

is my contribution to my new HSA for 2020 limited to $1650 ($3550-$1900)?   Yes ... no matter how many jobs you have the limit is for the year. 

2 Replies
Level 15
Nov 5, 2020 11:24:57 AM

is my contribution to my new HSA for 2020 limited to $1650 ($3550-$1900)?   Yes ... no matter how many jobs you have the limit is for the year. 

Level 3
Nov 5, 2020 11:43:29 AM

Thank you very much for the information!