My family and I had a HDHP until June 1, 2024 when we switched another plan through my employer. Can I still contribute prorated amounts to my HSA for the 5 months I was covered in 2024, even if we are no longer enrolled in a HDHP? My husband and I are both over 55.
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you can contribute 5/12 of $9300 to your family HSA and your spouse can contribute 5/12 of $1000 to his HSA. the contributions need to occur prior to April 15, 2025
Yes, your contribution will be prorated according to the number of months you were covered under the HDHP.
you can contribute 5/12 of $9300 to your family HSA and your spouse can contribute 5/12 of $1000 to his HSA. the contributions need to occur prior to April 15, 2025
The replies above assume that you meant to say that you became ineligible on June 1, 2024 rather than June 1, 2023.
Thanks for catching that, I meant June 1, 2024.
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