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What Are the HSA Contribution Rules?

The total amount you or your employer may contribute to an HSA for any taxable year is dependent upon whether you have individual or family coverage under a high deductible health plan. In addition to the standard HSA contribution limit shown above, if you are age 55 before the close of a taxable year, you may also contribute an additional amount known as a “catch-up” contribution. Consult your Health Insurance Professional and Tax Advisor for this information.