Questions and Answers
An individual has a family-coverage high-deductible health plan. Can the maximum contribution be split between 2 HSAs, one for the policy holder and one for his/her spouse, or does it all have to go into one HSA? Can the spouse make a catch-up contribution if he/she is age 55 or over, or may catch-up contributions only be made on behalf of policy holders?
If husband and wife have family-coverage under a high-deductible health insurance plan, each is eligible to establish and fund an HSA, provided they meet the other eligibility criteria. They may split the annual contribution limit between the two HSAs in any manner. Each spouse who is age 55 or older may make a catch-up contribution to his/her own HSA.
(Posted: 01/09/2008)
