1) are there any income restrictions on being able to deduct your HSA
contribution ?(similar to not being able to deduct IRA if AGI > xxx)
2) Pub. 969 suggests that qualified medical expenses for either you or
spouse can be reimbursed from HSA. Is this true even if HSA is in
my individual name?
3) I was told that in the year you turn 65, you can only contribute an
amount (deductible + catchup) that is proportional to the part of the
year that you are less than 65. True? and if so, is this based on days
or months or weeks that you are less than 65?
4) Does it matter when in the year you make the contributions? Can you
be reimbursed for expenses incurred before you made the contributions
Thanks for your help.
contribution ?(similar to not being able to deduct IRA if AGI > xxx)
2) Pub. 969 suggests that qualified medical expenses for either you or
spouse can be reimbursed from HSA. Is this true even if HSA is in
my individual name?
3) I was told that in the year you turn 65, you can only contribute an
amount (deductible + catchup) that is proportional to the part of the
year that you are less than 65. True? and if so, is this based on days
or months or weeks that you are less than 65?
4) Does it matter when in the year you make the contributions? Can you
be reimbursed for expenses incurred before you made the contributions
Thanks for your help.