Can I Contribute to My 2017 HSA in 2018?

If you have a Health Savings Account (HSA) and are wondering whether you can contribute to your 2017 HSA in 2018, the answer is yes, but with some conditions. An HSA allows you to save for medical expenses tax-free, but there are specific rules regarding contributions.

The IRS deadline for HSA contributions aligns with the tax deadline for that year. For 2017 HSA contributions, you can contribute until the tax filing deadline in April 2018.

Remember, your contributions must be designated for the previous tax year to be considered valid. This means that any contributions made between January 1st and April 15th, 2018 can count towards your 2017 HSA contribution limit.

Wondering if you can still contribute to your 2017 HSA even in 2018? The good news is that you absolutely can! Remember to keep in mind the IRS guidelines when making these contributions.