At What Age Can a Child Be Covered Under Your HSA?

Having a Health Savings Account (HSA) is a great way to save for medical expenses while enjoying tax benefits. One common question many people have is at what age can a child be covered under your HSA?

Children can be covered under a parent's HSA as long as they meet certain requirements:

• The child must be under the age of 19, or under 24 if they are a full-time student
• The child must not provide more than half of their financial support
• The child must not file a joint tax return

Having your child covered under your HSA can help you save on their medical expenses and ensure they receive the care they need without worrying about high out-of-pocket costs. It's important to check with your HSA provider about any specific requirements they may have regarding adding dependents to your account.

When it comes to ensuring your child is covered under your Health Savings Account (HSA), understanding the eligibility criteria is key. A child can be covered if they are under the age of 19, or if they are a full-time student and under 24 years old. This provision allows you to utilize your HSA funds effectively for their medical expenses.