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Ive heard about “make-up” contributions for older employees. What are they?

April 26, 2017contributions employees heard make-up Older

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Ive heard about “make-up” contributions for older employees. What are they?

1 Answer

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If you reach age 55 by the end of the taxable year, your HSA annual contribution limit, $900 in 2008, and $1,000 in 2009 and thereafter. As with the annual contribution limit, the catch-up contribution is also computed on a monthly basis.