What is the last day I can contribute to my HSA for 2017?

If you’re considering making a last-minute contribution to your Health Savings Account (HSA) for the tax year 2017, it’s important to know the deadline. The last day you can contribute to your HSA for 2017 is April 17, 2018. Unlike other tax-advantaged accounts, the deadline for HSA contributions aligns with the tax filing deadline.

Contributions made by the tax filing deadline can be counted towards the previous tax year. This means that you still have the opportunity to reduce your taxable income for 2017 by making a contribution before the deadline.

HSAs offer a triple tax advantage – contributions are tax-deductible, earnings grow tax-free, and withdrawals for qualified medical expenses are also tax-free. It’s a great way to save for medical expenses both now and in the future.

If you’re considering a last-minute contribution to your Health Savings Account (HSA) for the tax year 2017, make sure to remember that the deadline falls on April 17, 2018. This is an important date to mark on your calendar, as it allows you to take advantage of your contributions.