Can I Add to My HSA Account for 2017?

If you're wondering whether you can still contribute to your HSA account for the year 2017, the answer is yes! You have until the tax filing deadline, typically April 15 of the following year, to make contributions for the previous year. This means you still have time to add to your HSA account for 2017 and take advantage of the tax benefits it offers.

Contributing to your HSA account is a great way to save for current and future medical expenses while enjoying tax advantages. Here are some key points to consider when contributing to your HSA account:

• Individuals can contribute up to $3,400 and families up to $6,750 for 2017.
• For those aged 55 and older, an additional catch-up contribution of $1,000 is allowed.
• Contributions made to your HSA are tax-deductible, reducing your taxable income.

By making contributions to your HSA account, you can enjoy tax savings while building a fund for medical expenses now and in the future. It's never too late to add to your HSA account for the previous year and reap the benefits it offers.

Did you know that you can still add to your HSA account for the 2017 tax year? As long as you make your contributions by the typical tax filing deadline of April 15 the following year, you can still take advantage of those important tax benefits!