HSA contribution rules seem pretty straightforward at first. However, the rules become complicated in years when there will be a change to coverage. Perhaps you are moving from individual to family coverage, or you are leaving your health plan, or you are starting Medicare. It’s at those times that the HSA contribution rules can become confusing. This flowchart addresses some of the most common issues that arise for an individual trying to contribute to an HSA such as:
The minimum deductible requirements for HDHP
The maximum out-of-pocket expense for HDHP
Contribution amounts
Impact if HDHP coverage starts or changes this year
Full Contribution Rule
HSA and Medicare coordination
Situations allowing for a pro-rata contribution
Updated for 2019