When is the Last Day to Contribute to HSA for Prior Year?

Are you wondering about the deadline for making contributions to your HSA for the prior year? Let's clear up any confusion and make sure you don't miss out on maximizing your savings.

The last day to contribute to your HSA for the previous tax year is usually April 15th, or the tax filing deadline (whichever comes first). This means that if you want your contributions to count towards the previous year, you must make them before this deadline.

Contributing to your HSA before the deadline not only allows you to maximize your tax benefits but also ensures that you have enough funds set aside for future medical expenses.

Remember that HSA contributions are tax-deductible, grow tax-free, and can be withdrawn tax-free for qualified medical expenses. By contributing before the deadline, you are making the most of these advantages.

Wondering when to make your HSA contributions for the last tax year? The deadline is typically April 15th or the tax filing deadline, whichever is earlier!