When is the HSA Contribution for 2018 Due Date?

Are you wondering about the deadline for contributing to your Health Savings Account (HSA) for the year 2018? You're in the right place! Contributing to your HSA is a smart way to save for medical expenses while enjoying tax benefits. Let's delve into when your HSA contribution for 2018 is due.

For the year 2018, the deadline for contributing to your HSA is April 15, 2019. This due date coincides with the deadline for filing your federal income tax return for the same year. You can make contributions to your HSA until this date to be eligible for tax deductions and enjoy the advantages of saving with an HSA.

It's important to note that the HSA contribution limits for 2018 were $3,450 for individuals and $6,900 for families. If you're eligible to make catch-up contributions (age 55 or older), you can contribute an additional $1,000. Ensure you stay within these limits when making your contributions for the year 2018.

Are you still uncertain about when to contribute to your Health Savings Account (HSA) for 2018? Don't stress, we've got you covered! Remember, contributing to your HSA isn't just about saving for medical expenses; it's also a savvy financial move that can offer some great tax breaks!

For 2018, the deadline to make contributions to your HSA is set for April 15, 2019. That's right! This date runs hand in hand with the tax filing deadline, ensuring that you can maximize your savings while keeping your tax benefits in mind.

Keep in mind, the contribution limits for 2018 were $3,450 for individuals and $6,900 for families. And if you're 55 years of age or older, you can add an extra $1,000 to your contributions. Just make sure that all contributions respect these limits so you can make the most of your HSA!