Can I Fund a HSA Now for 2017?

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Deadlines for contributing to 2017 HSA

If you're wondering whether you can fund a Health Savings Account (HSA) now for the year 2017, the answer is yes! Even though 2017 has passed, there is still a window of opportunity to contribute to your HSA for that year. Here's what you need to know:

Contributions to an HSA for a particular year can typically be made up until the tax filing deadline for that year, which is usually April 15th of the following year.

Yes, you can definitely contribute to a Health Savings Account (HSA) for 2017! As long as you meet the qualifications and contribute before the tax filing deadline, you are in the clear. This means that you have until April 15, 2018, to make contributions to your HSA for the 2017 tax year.

2017 HSA contribution limits and tax benefits

For 2017, you can contribute up to $3,400 for individuals and $6,750 for families to your HSA if you had an HSA-eligible High Deductible Health Plan (HDHP) for the full year. If you were enrolled in an HSA-eligible HDHP for only part of the year, the contribution limits are prorated based on the number of months you had the HDHP.

It's important to note that contributions to an HSA are tax-deductible, grow tax-free, and can be withdrawn tax-free for qualified medical expenses.

So, if you haven't maxed out your HSA contributions for 2017 yet, there's still time to do so before the deadline!