Can a Married Couple Have One HSA?

Yes, a married couple can share one Health Savings Account (HSA). HSAs are individual accounts, but both spouses can contribute to and use the same HSA.

Here are some key points to consider about having one HSA for a married couple:

• Both spouses can contribute to the same HSA, up to the family contribution limit set by the IRS.
• Any contributions made by either spouse to the HSA are considered joint contributions.
• Both spouses can use the funds in the HSA to pay for qualified medical expenses for themselves, their children, or any other dependents.
• Having one HSA can simplify tracking contributions and withdrawals for the family's healthcare expenses.

Absolutely! A married couple can indeed share a single Health Savings Account (HSA). While HSAs are typically individual accounts, both partners have the flexibility to contribute to and utilize the same HSA for supporting their healthcare needs.