What is a catch-up contribution?

Individuals who are age 55 or older and not enrolled in Medicare may make an additional annual HSA contribution of $1,000¹ beyond the standard IRS maximum.

If you have a spouse, your catch-up contribution remains $1,000. However, if your spouse has a separate HSA², they may also contribute their own $1,000 catch-up amount to that account.

1:IRC Sec. 223(b)(3), 2:IRS Notice 2004-2 Q&A 14