Guides ยท Finance

HSA Contribution Basics

Maximize your HSA contributions

This guide covers HSA eligibility with HDHPs, annual contribution limits, payroll vs direct contributions, and record-keeping for tax-free reimbursements.

Confirm eligibility

Ensure you have an HSA-eligible HDHP and no disqualifying coverage.

Know the limits

Track IRS annual limits and adjust for catch-up contributions if 55+.

Choose contribution method

Use payroll for pre-tax or direct deposits and adjust mid-year as needed.

Keep receipts

Save qualified medical receipts for tax-free reimbursements now or later.

Related Terms