Can both an individual and spouse have family coverage with HSAs?
• Yes. If both an individual and spouse have family high deductible coverage, the 2007 annual limit for contributions would be $5,650. This limit is split equally unless the individual and spouse agree on a different division. Just because you have coverage under two HSA qualified high deductible health plans, you cannot double your contribution.
Related Questions
- My spouse and I are both Pfizer retirees and we currently have family coverage. Can we choose to each elect individual coverage rather than electing family coverage?
- After marriage, Is it better to get individual policies for each family member or spouse and child riders?
- Can both an individual and a spouse have family ACDHPs and HSAs?
