Can You Contribute to HSA Outside of Employer?

Health Savings Accounts (HSAs) are a great way to save for medical expenses while enjoying tax benefits. Many people wonder if they can contribute to an HSA outside of their employer, and the answer is yes! You can absolutely contribute to an HSA on your own, even if you are not enrolled in an employer-sponsored health plan.

When contributing to an HSA outside of your employer, there are a few things to keep in mind:

• You are still subject to the annual contribution limits set by the IRS. For 2021, the limit is $3,600 for individuals and $7,200 for families.
• You can make contributions directly to your HSA provider, either through electronic transfers or checks.
• Contributions made on your own are considered
  

  Health Savings Accounts (HSAs) are an effective way to set aside money for future medical expenses while also providing significant tax advantages. If you're not enrolled in an employer-sponsored health plan, you might be wondering if you can still contribute to an HSA. The good news is that yes, you can definitely make contributions independently!