Can I Fund HSA While Retired?

If you are retired or planning to retire soon, you may be wondering if you can continue to fund your Health Savings Account (HSA). The good news is that you can contribute to your HSA even after retirement, as long as you meet certain eligibility requirements.

HSAs are a valuable tool for saving and paying for medical expenses, both now and in the future. Here are some key points to keep in mind when considering funding your HSA in retirement:

• Retirement doesn't disqualify you: Being retired doesn't automatically disqualify you from contributing to your HSA. As long as you have an HSA-eligible high-deductible health plan (HDHP) and meet other IRS requirements, you can continue to fund your account.
• Income limitations: While there are no age limits for contributing to an HSA, there are income limits. Once you enroll in Medicare, you can no longer contribute to your HSA, but you can still use the funds for qualified medical expenses tax-free.
• Rollover funds: If you have funds left in your HSA when you retire, they are still yours to use for medical expenses. There is no
  

  Yes, you can absolutely continue to contribute to your Health Savings Account (HSA) even after you retire, provided you maintain an eligible high-deductible health plan.