Increasing HSA Contributions

[anildani006]

The HSA contribution I make for 2022 is 3650. I would like to increase this to 7300, the limit for HDHP that includes family.  The clarity that I am not getting is, I cover only vision and dental in my insurance for my dependents and my spouse cover medical for them.  Both of us have HSA and pay to the individual limits. Question is- Can we both increase our contributions to HSA? Or Only my spouse can increase, as the medical insurance for dependents is on her HDHP?

[JamesG1]

You are both eligible individuals and you both have Single HSA coverage and both pay the maximum in individual HSA contributions.

You may increase your contributions but the contributions will be considered excess contributions subject to an annual 6% penalty.

If you are both eligible individuals and one spouse has Family HSA coverage, both spouses are presumed to have Family HSA coverage.

However, you may choose to have one spouse pay $5,000 and the other spouse pay $2,300 or any other division that you would like.

See IRS publication here.

Rules for married people

If either spouse has family HDHP coverage, both spouses are treated as having family HDHP coverage. If each spouse has family coverage under a separate plan, the contribution limit for 2021 is $7,200.......The contribution limit is split equally between the spouses unless you agree on a different division.

The rules for married people apply only if both spouses are eligible individuals..

[Opus 17 · Accepted solution]

No matter what else, the overall family limit is $7300 split between you and your spouse.  You can't go over that unless you are over age 50 and use the catch-up provision.  How you split the $7300 between you is what I will discuss next.

Your question is very unclear.  I will assume the following:

1. You have a self-only HDHP that is HSA-eligible.  You also provide dental and vision for your family.

2. Your spouse has a family HDHP that is HSA-eligible.  

If this is the case, then your personal limit is $3650, your spouse's personal limit is $7300, and your overall combined limit is also $7300.  So if you contribute $3650, then your spouse's maximum is also $3650.  If you contributed only $2000, your spouse could contribute $5300.  And so on. 

[anildani006]

Thank you. Your answer is clear

Both of us parents have HDHP plans. We do not cover each other. Our dependents are covered by both. I cover their dental and vision. My spouse cover their medical.

Since the total contribution can not exceed 7300, the only possibility is that one of us(or both) increase contribution to meet the total to 7300. Thanks a lot

[Mike9241]

@Opus 17 I disagree with your conclusion. Married Couples. If either spouse has family coverage, both spouses are treated as having family coverage. if both are treated as having family coverage the combined max would be $7300 and they can split any way they choose.