When is the Deadline to Contribute to HSA for 2018?

If you are wondering when the deadline is to contribute to your Health Savings Account (HSA) for the year 2018, you have come to the right place! Let's dive into the details to ensure you make the most of your HSA benefits.

Contributing to your HSA is a great way to save for future medical expenses while enjoying tax advantages. However, you must be aware of the deadline to maximize your contributions for the year.

The deadline to contribute to your HSA for 2018 is April 15, 2019. This deadline aligns with the tax filing deadline for the year 2018.

Here are some key points to remember:

• Contributions made before April 15, 2019, can be counted towards your 2018 contribution limit.
• For individuals, the maximum contribution limit for 2018 is $3,450, and for families, it is $6,900.
• Individuals aged 55 and older can make an additional catch-up contribution of $1,000.

By contributing to your HSA before the deadline, you can make the most of the tax benefits and ensure that you have funds set aside for any healthcare expenses that may arise.

Have you been wondering when the deadline is for contributing to your Health Savings Account (HSA) for 2018? Well, you're in luck! We are here to guide you through the important details to make the most of your HSA benefits.

Making contributions to your HSA can be a fantastic way to save for future medical expenses while reaping some significant tax advantages. However, understanding the contribution deadline is crucial for maximizing your benefits.

The deadline to contribute to your HSA for 2018 is April 15, 2019, coinciding with the tax filing deadline for the same year.

Here’s what you need to keep in mind:

• All contributions made up until April 15, 2019, can contribute to your 2018 HSA contribution limit.
• For individual account holders, the maximum contribution limit for 2018 is set at $3,450, while families can contribute up to $6,900.
• If you’re 55 years or older, you can enjoy an additional catch-up contribution allowance of $1,000.

Remember, contributing to your HSA prior to the deadline could enhance your tax savings and ensure you are financially prepared for any unexpected healthcare needs.