Anyone can contribute to an HSA, including family members, friends, and employers.
- Contribution limits include:
- You can contribute up to $4,400 if you have individual coverage, or $8,750 if you have family coverage.
- Your exact limit depends on:
- The type of Health Plan (HDHP) you have.
- Your age.
- When you became eligible or ineligible during the year.
If you’re 55 or older, you can contribute an extra $1,000 (called a catch-up contribution).
- Timing & Reporting
- You have until the tax filing deadline to make contributions for a year.
- For example, 2026 contributions can be made through April 15, 2027.
- This gives you time to see how much you spent on out-of-pocket medical costs before deciding how much to contribute.
- All HSA contributions must be reported on IRS Form 8889.