How late can you contribute to HSA 2018?

Are you wondering about making contributions to your Health Savings Account (HSA) for the year 2018? Understanding the deadlines for contributing to your HSA can help you maximize your savings and tax benefits. Let's explore the timeframe for contributing to your HSA in 2018.

For the year 2018, the deadline to make contributions to your HSA is the tax filing deadline, which typically falls on April 15th of the following year. However, there is a special rule that allows you to make contributions for the previous year up until the tax filing deadline, including any extensions.

That means you have until the tax filing deadline, usually April 15th, of 2019 to contribute to your HSA for the year 2018. This flexibility provides you with extra time to maximize your contributions and receive the tax advantages that come with an HSA. Remember that the contribution limits for 2018 are $3,450 for individuals and $6,900 for families.

Did you know that making contributions to your Health Savings Account (HSA) for 2018 can still be done even after the year has ended? It's important to stay informed about the specific deadlines for HSA contributions, allowing you to make the most of your savings and tax benefits.