How Long Can You Contribute to a 2018 HSA?

If you have a Health Savings Account (HSA) for the year 2018, you may wonder how long you can contribute to it. The great news is that the contribution deadline for an HSA extends beyond the end of the tax year. To be more precise, you can contribute to your 2018 HSA until the tax filing deadline for the year 2018, which is typically April 15 of the following year.

Furthermore, it's essential to note that if you have an HSA-eligible high deductible health plan (HDHP) for the entire year, you can maximize your HSA contributions for that year, regardless of when you opened the account. This allows individuals with HDHP coverage for the full year to make the maximum contribution allowed by the IRS.

If you're holding a Health Savings Account (HSA) for the year 2018, you might be relieved to learn that the time frame for contributions is generous. Indeed, you can continue to contribute to your 2018 HSA up until the tax filing deadline, which generally falls on April 15 of the following year.

What's even more beneficial is that if you were covered by an HSA-eligible high deductible health plan (HDHP) for the entire year, you have the opportunity to make the maximum contribution allowed by the IRS, regardless of when you opened your account.