HSA and SEP IRA contribution for Spouse for self employment income.

[ntax1]

My Spouse have both W2 and self employment income and is on my insurance policy. Can my spouse contribute to SEP IRA and HSA out of self employment income ? If yes what are the limits ?

[KeshaH]

Your spouse can contribute to an HSA to if they had their own high-deductible health plan. If your insurance plan is a high-deductible health plan, you can contribute to an HSA for them either through your employer or a separately purchased HSA.

Contributions to a SEP IRA are limited to 25% of your spouse's net income, up to $69,000 for 2024 ($70,000 for 2025).