In 2022, my DW is planning to quit her job. We are looking at the most opportune time - tax wise. If she were to earn $8,000 in gross income, and contribute the max to an HSA ($4,650 for single HDHP coverage) via payroll deduction, could I still make a maximum spousal Roth IRA contribution of $7,000? In other words, are the two contribution types considered separate or combined for earned income purposes?
DW will go on COBRA health coverage for the remainder of 2022 so she will be eligible for an entire year of HSA contributions.
Could not find anything with a quick google search without digging deep into IRS publications.
DW will go on COBRA health coverage for the remainder of 2022 so she will be eligible for an entire year of HSA contributions.
Could not find anything with a quick google search without digging deep into IRS publications.