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February 8, 2025
Question

Regarding HDHP coverage, how do I know if I failed to be an "eligible individulal"

  • February 8, 2025
  • 1 reply
  • 0 views
I had coverage through my husbands workplace on a family plan.

    1 reply

    February 8, 2025

    An eligible individual for making contributions to a health savings account (HSA):

     

    - was covered by a high-deductible health plan (HDHP) on the first day 

    - doesn't have any other health coverage

    - isn't enrolled in Medicare

    - can't be claimed as a dependent on someone else's tax return

     

    If any of the above don't apply to you, you wouldn't be an eligible individual for HSA contributions.