If both spouses have a qualified high deductible health plan with family coverage, how is the contribution computed?
If both spouses have qualified high deductible health plans with family coverage, and both are eligible to contribute to an HSA, the contribution limit for both HSAs, combined, is based on the maximum amount that can be contributed for a family, $6,150 for 2010 and 2011. If both eligible spouses wish to contribute to an HSA, the contribution amount can be divided equally between the spouses unless they agree on a different division.
Related Questions
- If one or both spouses have a qualified high deductible health plan with family coverage, how is the contribution computed?
- What are my "catch-up" contribution limits if my high deductible health plan is established mid-year?
- What Is an HSA Qualified Health Insurance Plan/High Deductible Health Plan (HDHP) ?
