Can I Make a Contribution by Check to My HSA Account?

Yes, you can make a contribution to your HSA account by check. Making a contribution by check is a simple and convenient way to add funds to your account. When you make a contribution by check, make sure to include your HSA account number on the memo line of the check to ensure that the funds are deposited into the correct account.

It is important to note that there are contribution limits for HSA accounts set by the IRS. For 2021, the contribution limit for individuals is $3,600 and for families, it is $7,200. If you are 55 or older, you can make an additional catch-up contribution of $1,000.

Absolutely! Making a contribution by check to your HSA account is not just doable, but it’s also a straightforward method to enhance your savings. Just be sure to write your HSA account number in the memo line, ensuring a seamless deposit process.