How Long After Year End Can You Contribute to HSA for Taxes of 2018?

Health Savings Accounts (HSAs) are a great way to save for medical expenses while enjoying tax benefits. If you're looking to contribute to your HSA for the tax year 2018, you may be wondering how long you have to do so after the year ends.

For the tax year 2018, you have until the tax filing deadline, which is typically April 15th of the following year, to contribute to your HSA. Here are some important points to keep in mind:

• You can contribute to your HSA for the tax year 2018 until the tax filing deadline, usually April 15th, 2019.
• Contributions made by the deadline can be counted towards your 2018 tax year, reducing your taxable income for the year.
• For 2018, the maximum annual HSA contribution limits were $3,450 for individuals and $6,900 for families.
• If you're eligible to make catch-up contributions (age 55 or older), you can contribute an additional $1,000 for the tax year 2018.

Remember that contributions made to your HSA are tax-deductible, grow tax-free, and can be withdrawn tax-free for qualified medical expenses. It's a smart way to save for healthcare costs while reducing your tax burden.

Did you know that Health Savings Accounts (HSAs) allow you to save for future medical expenses while also enjoying tax advantages? If you're planning to contribute to your HSA for the tax year 2018, the deadline is right around the corner! You have until April 15th, 2019, to make those contributions, so make sure to take advantage!