Can both an individual and a spouse have family ACDHPs and HSAs?
Yes. If both an individual and spouse have family ACDHPs, the maximum annual HSA contribution for the family is $ 6150 in 2011. This is true if there is just one HSA or if each spouse has his or her own HSA. A family cannot increase its annual contribution due to the fact that there are two ACDHPs and/or two HSAs. This limit is split equally unless the individual and spouse agree on a different division. For other tax situations, consult your tax advisor. A husband and wife may not have a joint HSA. Each spouse who wants to make a contribution to an HSA must open a separate HSA, and dollars cannot be transferred between them. However, one spouse may use withdrawals from his or her HSA to pay or reimburse the qualified medical expenses of the other spouse, without penalty. However, both HSAs may not reimburse the same expenses.
Related Questions
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