Can HSA Contributions for Tax Year 2018 Be Made Until 4/15/2019?

Health Savings Accounts (HSAs) are a great way to save for medical expenses while enjoying tax benefits. One common question that arises is whether HSA contributions for tax year 2018 can be made until 4/15/2019. The answer to this question is yes, you have until the tax filing deadline of April 15th, 2019 to make contributions to your HSA for the previous tax year.

Contributing to your HSA before the deadline can have several benefits, including reducing your taxable income for the previous year and maximizing your savings potential for healthcare expenses.

It's important to note that the contribution limits for HSAs are set by the IRS each year, so it's essential to stay informed about any changes. For tax year 2018, the HSA contribution limits were $3,450 for individuals and $6,900 for families.

Health Savings Accounts (HSAs) offer an excellent avenue for individuals to save for unexpected medical costs, all while providing significant tax advantages. If you're wondering whether you can make HSA contributions for tax year 2018 up until April 15, 2019, you're in luck because the IRS allows it! You’ll have until the tax filing deadline to boost your savings for the previous year.