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An individual age 55 and over may make an additional “catch-up” contribution. A married couple can make two catch-up contributions as long as both spouses are eligible and at least 55 years of age. The catch-up contribution for the spouse must be placed in a separate HSA in their name. See http://www.thehsaauthority.com/hsa_guidelines.aspx
For 2016, if you have self-only HDHP coverage, you can
contribute up to $3,350. If you have family HDHP coverage,
you can contribute up to $6,750.
If you are an eligible individual (owner of the HSA), who is age 55 or older at the end of your tax year, your
contribution limit is increased by $1,000. For example, if
you have self-only coverage, you can contribute up to
$4,350 (the contribution limit for self-only coverage
($3,350) plus the additional contribution of $1,000).
Related information:
An individual age 55 and over may make an additional “catch-up” contribution. A married couple can make two catch-up contributions as long as both spouses are eligible and at least 55 years of age. The catch-up contribution for the spouse must be placed in a separate HSA in their name. See http://www.thehsaauthority.com/hsa_guidelines.aspx
For 2016, if you have self-only HDHP coverage, you can
contribute up to $3,350. If you have family HDHP coverage,
you can contribute up to $6,750.
If you are an eligible individual (owner of the HSA), who is age 55 or older at the end of your tax year, your
contribution limit is increased by $1,000. For example, if
you have self-only coverage, you can contribute up to
$4,350 (the contribution limit for self-only coverage
($3,350) plus the additional contribution of $1,000).
Related information:
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