Yes, absolutely! If you are on a HDHP which covers your spouse and/or family members, then you can contribute a higher amount than if it were just you on the plan. If however, those people can be claimed on another person’s tax return, then you would be unable to contribute the higher amount (for 2018 – $6,900 for families vs. $3,450 for individuals).
Articles in this section
- What is an HSA?
- How Does an HSA Work?
- What are the benefits of an HSA?
- What are the requirements of an HSA? Am I eligible?
- What designates a qualifying High Deductible Health Plan?
- Do I have to get an HSA if I am on a High Deductible Health Plan?
- How does money get into my HSA account?
- How can I get an HSA?
- If I have a family, can I still have an HSA?
- Can I have a joint-HSA with my spouse?