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Level 2
November 16, 2022
Question

HSA

  • November 16, 2022
  • 1 reply
  • 7 views

I do not have HDHP plan. Can I still contribute to HSA account maintaining on my own and take tax advantage?

    1 reply

    rjs
    Level 15
    Level 15
    November 16, 2022

    You cannot contribute to an HSA if you do not have an HDHP.


    If you already have an HSA, you can use it to pay medical expenses, but you cannot contribute any more money to it.