Author Topic: HSA Qualifications and Health insurance Coverage  (Read 948 times)

crazy30

  • 5 O'Clock Shadow
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HSA Qualifications and Health insurance Coverage
« on: October 14, 2015, 03:29:11 PM »
ok sorry for being lazy, but the IRS regulations page is like a lullaby!

Current Situation: me and husband enrolled in husband's plan; HSA through husband's company
Proposed: separate health plan (him with his company, me in my company); HSA through husband. This will be cheaper by 20$/mo
Both HDHP

Questiion: Can we still qualify for HSA?

AlwaysLearningToSave

  • Bristles
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Re: HSA Qualifications and Health insurance Coverage
« Reply #1 on: October 14, 2015, 03:49:15 PM »
Yes.  What is less clear to me is whether you would qualify to contribute the family maximum or just the single maximum to the HSA, because, unless one of you has dependents on the plan, you would both have "self-only" coverage under the new arrangement. 

I'm not sure of the answer on this and would need to look it up.  Perhaps someone else knows off the top of his or her head?

crazy30

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  • Posts: 40
Re: HSA Qualifications and Health insurance Coverage
« Reply #2 on: October 14, 2015, 05:21:14 PM »
Yes.  What is less clear to me is whether you would qualify to contribute the family maximum or just the single maximum to the HSA, because, unless one of you has dependents on the plan, you would both have "self-only" coverage under the new arrangement. 

I'm not sure of the answer on this and would need to look it up.  Perhaps someone else knows off the top of his or her head?

exactly. we max out our hsa so it would be a pain to set up a new one just for me (if its possible). pppffft.