HSA contributions after spouse joins health plan

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Pocket Cruiser
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HSA contributions after spouse joins health plan

Post by Pocket Cruiser » Thu Sep 06, 2018 9:48 am

Hello,

For the first 8 months of the year my wife had her own health plan with her own HSA. On Sep 1, she joined my plan. My contribution has already been maxed out at $3,450. She had already contributed $2,195.35 to her HSA. Can we contribute an extra $1,254.65 to my HSA to max out her yearly $3,450?

Also, can we roll her HSA into mine?

Thank you

bloom2708
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Re: HSA contributions after spouse joins health plan

Post by bloom2708 » Thu Sep 06, 2018 10:32 am

Yes and Yes.

You were both covered by a High Deductible Health Plan for the entire year.

$6,900 is the max you can put in combined. You can mix and match how you want.

$500 his, $6,400 hers. 50-50. 70-30. You can finish out your $6,900 by adding to yours until the end of the year.

You can combine HSA, but like a Roth, she is the owner (of hers) and you are the owner (of yours). You cannot combine her HSA with yours. You will forever have 2 (or more) HSA. Individually owned.
"We are not here to please, but to provoke thoughtfulness." --Unknown Boglehead

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tfb
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Re: HSA contributions after spouse joins health plan

Post by tfb » Thu Sep 06, 2018 8:21 pm

Pocket Cruiser wrote:
Thu Sep 06, 2018 9:48 am
Hello,

For the first 8 months of the year my wife had her own health plan with her own HSA. On Sep 1, she joined my plan. My contribution has already been maxed out at $3,450. She had already contributed $2,195.35 to her HSA. Can we contribute an extra $1,254.65 to my HSA to max out her yearly $3,450?

Also, can we roll her HSA into mine?

Thank you
This year the limit for family coverage happens to be exactly 2x the limit for single coverage. It makes the math work the way you are describing by coincidence. In other years the limit can be off by $50 one way or the other. Then it will slightly off.

You can't roll her HSA into yours. HSAs are in individual names, like IRAs.
Harry Sit, taking a break from the forums.

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