WebSep 5, 2024 · No tax/legal implications with this new information. You and your husband's HDHP coverage make you eligible to contribute to your HSA at the family contribution limit, and your stepchild's coverage does not make you ineligible. The child can be covered by your health plan; it does not make you ineligible to contribute to your HSA. WebIII.7. What is the contribution limit if both a husband and wife are eligible individuals? Both spouses can elect self-only coverage under their respective HDHPs and be subject to the individual HSA contribution limit up to the maximum amount permitted for a family. Note that you can cover your spouse under family coverage with your HDHP even ...
How HSA contribution limits work for spouses - PeopleKeep
WebBoth you and your spouse can each have your own Healthcare FSA through your respective employers and both contribute the maximum amount to each account. For … WebOct 19, 2024 · So if your wife contributes $7425 through her employer, you can contribute an additional $1591 to your own HSA. (One month of family limit at $591 and your personal catch-up provision of $1000). To break it down, your wife's limit for 2024 will be ($7100 x 11/12 plus $1000 x 11/12) but your personal limit will be $7100 plus $1000. list wine brands
Solved: Can a wife use her HSA to pay for husband
WebYou and your spouse can split the family contribution limit ($7,300) equally or you can agree on a different division. If you split it equally, you can contribute $4,650 to an HSA (one-half the maximum contribution for family coverage ($3,650) + $1,000 additional contribution) and your spouse can contribute $3,650 to an HSA. WebSoon to be 32 in a few months, about $160K between a 401K & IRA 😃 if wife & REI are included then 3-4 times that. mightandmagic88 • 7 mo. ago. 34, 65k. Plumrose333 • 7 mo. ago. $72k specifically for retirement between my spouse and I. Both age ~26. WebJun 4, 2024 · Husband and Wife both have health insurance from separate employers, but only use Husband's for medical claims. My wife recently accepted a job at which she will receive a 175% match for all HSA contributions, but she must be enrolled in her new employer's HDHP plan to obtain this benefit. impax phone number