When is 2017 HSA Contribution Deadline?

As an individual with a Health Savings Account (HSA), understanding the contribution deadlines is crucial to maximizing your savings and tax benefits. For the year 2017, the deadline to make contributions to your HSA is April 17, 2018. This extended deadline aligns with the tax filing deadline for that year due to weekends and holidays.

Contributions made after this deadline may not be considered for the 2017 tax year, so it's essential to make any desired contributions by the specified date. It's important to note that the contribution limits for 2017 were $3,400 for individuals and $6,750 for families.

By contributing to your HSA before the deadline, you can enjoy tax advantages, including tax-deductible contributions, tax-free earnings on your investments, and tax-free withdrawals for qualified medical expenses.

As the deadline approaches for 2017 HSA contributions, remember that you have until April 17, 2018, to take advantage of the tax benefits associated with your Health Savings Account. Make sure your contributions are submitted before this date to maximize your savings.